GBPJPY analysis - 144.6x soon??



weekly and h4 charts at 8.15 am Malaysia

Two bearish candles on the weekly chart indicate that the bulls might be exhausted at the moment.

Today I will look for a sell entry for a possible target at 144.6x which is the 161.8% fib level of the Friday's hi-lo.

Good luck and happy trading.
UPDATE:
10.15 am - price is now 145.52
+115 ; SL rest at +45
4.30 pm - TP 144.60 hit
done for the day....

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