Hey traders, this is Rogue_Trader007. GBPJPY has a strong support level at 0.786 Fib level, which is also a hidden Divergence when combined with 14 period RSI. This makes a great entry as it usually shoot towards the 1.272 Fib level.
Making this a strong BUY.
Downside: Long Term position. You might hold for a few months.
You can also check my analysis on EURJPY.