GBP/JPY in a Squeeze

Following up with the previous GBP/JPY post, which had a gartley anticipated to complete near 140.00, the GBP/JPY continue to decline in the Asian and European session. This decline brought the market to 61.8% retracement before bouncing back up. 4H chart shows the swing projetion towards 139.30. (this projection truncated View full post on Technical Analysis