This is a sell for me ladies and gents...as you can see on the chart, GBPJPY jumped down on the .50 fib and and went up to .382 fib but has not broken resistance. This is a trade I am really looking forward to starting next week. The head and shoulders is a big plus to take this pair down to support at 145.50. Like always, risk management and good luck to everyone, have a good weekend.

Also, if you all look at the bigger time frame back to 2016, it is still at downtrend and hasnt broke out of .618.
Trend Analysis

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