FOREXCOM:GBPJPY   جنيه إسترليني / ين ياباني
As i said last weeks ...GJ closed over the very strong area of 149,300 and now I expect to retest 150,950 and from there DOWN AGAIN

THIS WEEK...GJ closed above the Fibonacci 618 area and even if it will make another 50-70 pips withdrawal, I expect it to force the Fibonacci 786 area from where to continue the 500-700 pips decline that we talked about in the last weeks!
However ... a closure even for 1 day over 152,500 will make me think of BUY up to 153,500 or even higher ...

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