GBPJPY After a month-long battle out/ above the 📈4H/ 8H channel, the price came back to retest it last week at around 149.000 level. It accumulated around there for a bit and now it looks BULLISH, probably re-accumulating again, before taking off.
Historically I'm aware that GBPJPY likes to respect 0.618-0.786 FIB retracement areas a lot. 👍And I'm couting on the same happening here this time as well.
I'll keeping my eyes on the SPRING/ weekend break inefficiency Area for price action, and a potential ⬆️LONG entry.
🚨Setting my alerts at around 149.900, and we'll take it from there.
Have a great rest of the week.
Historically I'm aware that GBPJPY likes to respect 0.618-0.786 FIB retracement areas a lot. 👍And I'm couting on the same happening here this time as well.
I'll keeping my eyes on the SPRING/ weekend break inefficiency Area for price action, and a potential ⬆️LONG entry.
🚨Setting my alerts at around 149.900, and we'll take it from there.
Have a great rest of the week.