Gbp:Jpy Monthly Range

٢٢ مارس ٢٠٢٠

As you can see G/J wicked down to break the wick from 2016 then the body closed above the -61.8 fib from previous market structure further indicating a ranging market as we wick back down this week to collect more $$$ and liquidity in the 115.8 area or less we will go to 120.8 most likely the overall 38 fib on weekly market structure