From the weekly chart GBPJPY is still in a small consolidation range on the 61.8 level of the weekly chart. Price will need to break below the current range and then the best entry would be on the retest. There was a noticeable rejection candle on the higher time frame.
This is one to watch with a big potential to the downside.
Note
Price is still hanging around the 61.8 level. Waiting for a good consolidation breakout
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