GBPJPY analysis - regular bearish divergence???



chart h1 - 1 am Malaysia
macd 5,13,1 is the only indicator that i use to gauge market sentiment...
possible regular bearish divergence..
indicates bull exhaustion...
however, fomc statement is coming up in an hour or so...
so better watch out...
:-SS

more on trading divergences at babypips

UPDATE: by 2 am, price dropped 70 pips
already moved SL to +30 pips
now waiting for fomc....

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