GBPJPY analysis - bounced off STR???

weekly and h4 chart - 1 pm Malaysia

After yesterday's bull rally of 500 pips, the bulls look exhausted and bounced off the previous lower which now should turned to a resistance. Take note the bounce also occurred at the region of 50% fib retrcement level of the previous bear run.

Will the price keeps tanking?? Let market play it out...
6.30 pm - was away from chart and just opened up the chart....
stopped out at -120 pips...
done for month;
at least still in green for the whole month


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