On the Daily Chart, GBPJPY retest on its previous high, and hit a retracement on the 4-hourly chart which currently sit on the buy zone. If you are looking for a buying opportunity like myself, you can wait for the Bullish Bat Pattern setup complete at 140.57. Setting a pending order for this setup isn't wise as Point C touches A, that can often denote a warning sign on the Bat Pattern formation.