In my analysis of GBP/ JPY , on the Monthly Chart, the retracement has reached the .618, which signifies the possibility of a reversal to continue the Bullish Trend . As confirmation, on the 4 Hour chart, a Bullish Expanding Triangle has formed. Price should reverse and begin moving Bullishly. In my analysis, I used the Fibonacci and Chart Patterns.
GBPJPY
GBPJPY