GbpJpy made that move!- Update (watching)

My last analysis was neutral, as we didn't know which way price wanted to proceed. At this time my bias is bearish as price took a dive below a major level. In order for a short entry, I need a retest. We may possibly receive that retest next week. Once the retest is exhausted, I will be looking for price action to support a short entry. Markup shown is only a speculative idea -Watching