– Another huge Rejection wick to the upside on the Daily Time Frame as Daily closed Bearish but still ranging within the 4h and Daily Consolidation, the Targets that have been set for Buys ad Sells are mainly based on the 4h Time Frame as 1h Time Frame has been very choppy. Although Sells are looking more favorable than Buys based on the last 2 Daily candles leaving huge Rejection wicks to the upside.Sells below 155.400 as price close below the 4h major Support, the drop on GBPJPY happened less than 1h after new Daily candle opened due to Russia-Ukraine news, More likely the price could either consolidate or correct the move and goes back into the Range above 156.000.
