In my own opinion, GBP/JPY is moving with its normal rythm. Just place your fibonacci retracement lines on the daily tf then drill down to the 4 hour tf and the whole thing explains itself.
I foresee GJ retracing to the next lower rung of the fib (that's around 145.3x) and then we would resume our nice little uptrend.
Have a lovely weekend all!
I foresee GJ retracing to the next lower rung of the fib (that's around 145.3x) and then we would resume our nice little uptrend.
Have a lovely weekend all!