Probably right now we see GBP/JPY is struggling to fill the gap but overrall GBP pair are preparing for a long opportunity and in a month timeframe we see price is above the SMA and hopping to close above this month for a long setup completion. and weekly & daily we see a slight retracement to a highly anticipated liquidity zone in around 141.100 to 140.900 which in lower timeframe like H1 and H4 it align with overall upward trend .we see moving average putting downwards meaning we shall se a continuation towards this zones. always assets your risk to reward and wait for a good opportunity
Jan 27
Comment: plus is aligns with the overall daily trendline