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Saravan

GBPJPY looking for long at 1.618 Fib.

Long
British Pound / Japanese Yen (FX:GBPJPY)  
Saravan  
FX:GBPJPY   British Pound / Japanese Yen
5
2
Hello Traders,
I'm watching GBPJPY pair closely and it will complete a crab pattern if it reaches 149.30. The current JPY strength may bring this pair to this level. However, I expect some retracement to upside before reaching 149.50s.
I will long this pair if it reaches there.

I also see a trend line support and previous support in this area.
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