Charts: 4Hours, 1 Day.
Indicators: Fibonacci Fan Lines,Support & Resistance Levels , MACD .
Current Level : 168.39
GBP/JPY price broke key resistance at (169.13) for the first time on 3rd December followed by a retracement and encountering a support at (165.88) level .From 5 to 10 December we had an exceptional 415 pips bull run towards (170.07) level.After a short 200 pips retracement there was another attempt to break higher but the momentum isn't strong enough to to that and currentl…