The weekly candle has already formed its lower wick. Since Wednesday, we've seen a daily retracement into the pro-trend. Today and possibly Friday, we may see weekly bullish pro-trend movement.
Daily candle formations aren't super clear, but GBP/JPY as a trending market should respect the weekly formation.
Watching how the London session develops for entry.
Previous week Highs as target
Daily candle formations aren't super clear, but GBP/JPY as a trending market should respect the weekly formation.
Watching how the London session develops for entry.
Previous week Highs as target
Trade closed: target reached
Narrative played-out very well. 
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.