2min forecast on GJ potential this week. There is some great PA developing. Monday and Tuesday I will wait to see what develops before i look to execute my trades on the lower time frames.
Based on Weekly Price action for GBP/JPY we can see that This pair has broken a weekly Major Trendline and Retested the Area with some Choppy Consolidation and Rejection. A 61.8% rejection is also in line with Key weekly levels that also supports the idea that the -27% extension passed 140.00s will be reached.
A quick glance over at the BXY will also show some...
