GBP/JPY Intraday

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Morning Traders!

Yesterday we saw a nice rally on the pair giving it to a supply zone. Today i am looking for a retracement of this rally at least at 50% fibonacci retracement.
Nota
Price testing the upper channel line. Will it break or bounce?

istantanea
Nota
Price bouncing.
istantanea
Nota
As the price is doing lower highs, it could go lower to the next H4 support level, arround 147,850.
istantanea
Trade chiuso manualmente
First target reached, waiting for second.
Trade chiuso manualmente
Enough for me, market too slow these days, closed 10 pips above the target.
Chart PatternsTrend Analysis

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