GBPJPY, break and possible retest.
This pair is currently in a downtrend. Once price continues to break and retest the only thing I would be looking for on GJ is sells. The only way I would start thinking about bullish trades is if price breaks above a previous swing low, retests it as resistance and respects the zone without breaking below it. GBP pairs will move very similar but they don't all do the exact same thing at the same time. Therefore, the better option (in my opinion) would be to focus on the very best (highest probability) setups that you understand and that fall in line with your trading strategy. Happy trading!
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