gbpjpy is fast approching the weekly resistance. last time we shorted from here, that was quite a success. now as market approching this area again i am more biased toward bullish this time. i will wait for a breakout and retest befor going long. there is plenty of room for an upside room. even if market bounce from this area for some reason i will not be looking for shorts. i will look for an higher low to go long. the reason i will show you on weekly chart