I think Head and Shoulder would be formed before the price is going higher.
its only my prediction. Let see how it goes.
It has reached Fibonacci 261.8, its the time to make some pullback before moving higher...
I assume GBPJPY would make some retracement to the marking zone as mentioned on my chart before further lower move takes place.
any ideas and opinions are welcomed.
Potential Area of retracement:
BUY TO SELL
I'm considering to place Long gor GBPJPY.