GBPJPY Playbook - Will 139.000 Key Level Hold?

As GBPJPY approaches the 139.000 key level, I am looking for a bounce or a break. If price bounces then we will be looking to go long with an initial target of 141.000 and an extended target of 142.000.

If we see a break of the key level, I will be waiting for a re-test of the 130.000 level to confirm its validity as resistance and set a short targets for 138.000, 137.000 & finally 136.000


I will update this idea if an actual trade setup forms.