-overall GBPJPY is running in uptrend.
-2hr pullback up to fibo 0.38/0.5 levels.
-after bouncing off and formation of rejection candle will take long trade with good R/R ratio.
-fibo 0.5 is a perfect level for that trade.
-SL is just below the strong support level.
Chart PatternsTrend AnalysisWave Analysis

Penafian