GJ has been consolidating every since the market has been open. I'm predicting a Consolidation Breakout towards 142.00 if breakout, retest, then close occur above consolidation zone. I've marked my entry at 141.785. If price fails to break out of the Resistance Zone
, I predict a retracement back to the 61% Fibonacci. Which would be the start of a bigger Pullback.
Support my analysis with a THUMBS UP!
Comment your Trade Ideas on GBP/JPY