Beautiful setup, price opened up above sideways channel, expecting a pullback to close the small gap plus retest broken channel. This also lies on the 61.8 fibonacci level where I will be looking to enter long. Patience this pair might move sideways for a bit but I am determined it will come down to retest.. Trade with care & precision! :)
GBPJPY broke support level at 150.00-150.20 at yesterday trading session. Now it's back to the broken level which is current resistance zone where is the good opportunity to sell. After test this zone price should go lower. First target is near 148.30 where are the peaks from december 2016 and may 2017.