GBPJPY Retest of Weekly Range
After breaking out of it's weekly range, GBPJPY encountered some pre-Brexit structure and turned back down to retest the previous range resistance. A sustained bullish path this week and next week could reveal some opportunities to look for long entries on lower time frames. In case some long opportunities do come up, some areas of interest might be this years high (152.865), and if it breaks above that level I'd expect to see some choppy but still overall bullish movement from the even numbered psychological levels between 154.000 and 164.000 within the range which the pair was bound just before the Brexit vote.
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