FX:GBPJPY   Brittiska pund/Japanska yen
Merry Christmas to everyone,
above all we are humans. Money will come soon or later and now is the time of the year that should be dedicated to people we love.
So, spend time with family and beloved ones.


Now, in GJ I see a downtrend but after that massive candle I am sure that institutions will close profits and buyers will push price higher.
By the time they achieve profits, they will close too and the general bearish trend will prevail pushing price lower - big institutions will enter shorts again.

Support + Fibo levels of either 0.5 or 0.618 comprise the general sell area for this pair.

Be careful with consolidation and fakeouts or gaps combined with high volatility.

Good luck!

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