GBPJPY

As i said last weeks ...GJ closed above the Fibonacci 618 area and even if it will make another 50-70 pips withdrawal, I expect it to force the Fibonacci 786 area from where to continue the 500-700 pips decline that we talked about in the last weeks!
However ... a closure even for 1 day over 152,500 will make me think of BUY up to 153,500 or even higher ...

THIS WEEK...As I said GJ he climbed to Fibonacci 786 he broke in a few hours and closed above the 153,500 and even far over ...
This week I will wait for a retracement to the area 153,500 and there ... I think GJ will test the area 155.500-156,000

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