SOME PIPS COULD BE GRAB SOON

From the monthly time frame to the Daily TF, we noted an upside movement and on the 4H we saw that GBPJPY just broke out of a consolidating movement to the upside, followed by a minor consolidation. This is very important to state because it means that from a Top down perspective everything is in confluence and also by the way, according to the last report institutions has being buying the pound. SO it doesn't hurt to say that we might be expecting a move to the upside. SO if and only if the price is going to break the upper trendline then and only then we are gong to long the market with a good risk reward and a good probability to the upside