GBPJPY: Sell Off About to End

Daily Support Level

Price has reached:

1. The lower parallel of an upsloping median line set (previous support)
2. Previous structure support/resistance (horizontal)
3. The 78.6% fib retracement of previous uptrend

240min Setup

Massive rejection candle
Stoploss: 147.000
Take Profit: 149.500

240min Chart Setup: