GBPJPY looking to short again, waiting for bounce. GJ down more?

Currently watching for this possibility.
All Fibs and EW counts point to it.
It will need to break above at 4.0 fib with gusto, or I might short there

Comment:

GJ looking fearful of that triple Fib zone just above.
I may have to fomo short, but will wait 5 minutes for GBP news.

Comment:

Pretty clear rejection.
But I am expecting USDJPY to go up soon.
So I can not short GJ right now, but watching UJ for clues....

Comment:

That's it, Shorts FIRED!
GU is failing, UJ still holding but I think GJ will drop now.
Lets see how it goes.... GU chart:

Comment:

I did take a small scalp per two pics above.
Now I am waiting for UK news in 8 hours.
Hoping for mildly good news to give bulls courage to push to the 4.618
I think that is still quite plausible, given the bullish signs thus far.

Comment:

Oops, I meant to type the ''5.618'' not 4.618.
Thus I am hoping to short at the 5.618 around 149.20