GBPJPY SHORT IDEAGBP/JPYOANDA:GBPJPYterdeneshandPrice made a strong move up and then got rejected from the recent high area. Currently showing weakness around the 50–61.8% Fibonacci retracement zone after a sharp drop. I’m taking shorts as long as price stays below 200.80–201.00 zone. Expecting continuation down toward 197.50 – 197.00 area (next key support). Reasons for entry: Bearish retracement to 61.8% Fibonacci level Previous structure acting as resistance Short-term lower highs forming Momentum still favoring the downside