(H4) - GBP/JPY looks like its beginning to consolidate between 158.175 (resistance) and 157.239 (support). Had a strong bearish close with wick rejections rejecting the previous H4 high causing that double top (hourly triple bottom). Could see price begin to reverse down to support of 157.239 but do be mindful of resistance breaking at 158.175 which will result in looking for buys.
(M15) - Will ideally be looking for a retest around 157.769 to look for sells, price is currently just sat in a free fall so not much we can do right now.
(M15) - Will ideally be looking for a retest around 157.769 to look for sells, price is currently just sat in a free fall so not much we can do right now.