– The previous Weekly candle on GBPJPY has had a huge retracement on Friday the last trading day of the week specifically at the open of the last 4h candle before the market close price fell almost 180 Pips within less than 2hours after the US warned Russian Invasion of Ukraine could happen any day, More likely this move could get corrected later on the week as the overall Market Structure on HTF is still Bullish, Ideally is to allow the price to consolidate within the Asian session to then potentially determine where the price gonna go around London Open.
