GBPJPY looks to be retracing to our 61.8 Fibonacci there about. potentially filling the wick to the left to then push upwards to our next target area (a swing high). If it continues to push down through our fib levels, we may see it retest the previous swing low at 100 making a full retracement. Of course if it pushes through this low we are seeing a break in market structure to potentially go short.