FX:GBPJPY   British Pound / Japanese Yen
After a whopping 1400 pip+ move it's time for a pullback to keep the upside move healthy. We have seen a top forming today and a reaction at the first retest of the top. A base(support) has been formed in the US session today which I expect to be broken in the upcoming trading days. I'd favor a strong break and retest pattern. Will keep you updated on when I place my entry. Until then I'll be watching this setup very closely.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.