GBPJPY in the weekly Timeframe appears to be in a bullish channel.. Fibs Drawn in the week clearly shows how price rejected more than 3 times around support 50.00% Fib which also happens to be around Ezeepips Quarter 140.000. Also we can see how price tapped the supply zone 156.689 and pushed down in a bearish channel also in a weekly time frame ..
Bullish move during NFP pushed price out of the bearish channel .
Price is currently rejecting under the fib level 23.60%.
Weekly , Daily and H4r Timeframe shows a Possible Bullish Flag pattern.
If Daily Candle on Monday closes above 150.000 a bullish Move for GBPJPY in the upcoming week could be possible .
I will consider sells if price closes below 147.000.
Monday Is Bank Holiday For JPY/CAD/USD.
Already had news for JPY today ...