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Setup 1HR chart
Indicators: Weis Pip Wave, Weis Wave with Alert (+Speed Index) and No Demand No Supply ( https://www.mql5.com/en/users/takisd/seller)
This is why GBPJPY most probably will start retracing:
1. Touched the 4HR resistance several times
2. High Speed Index of 37.6 on the move up - hard time to get up there.
Therefore most problably some retracement expected up to 1HR support or Fib Area.