This is Why GBPJPY started Up Trending -TRADING WITH WEIS WAVE WITH SPEED INDEX

Setup 4HR chart GBPJPY

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 turned up

1. Hit Support Level from Weekly chart ( on 34.6 Speed Index)

2. Started moving up with a small volume but on the way down we see a enormous Speed Index of 190.3 (nothing like that on the left of the entire chart on the down moves). Confluence of 190.3 SI with Fib Area.

Most probably it will keep going up judging from 3. and 4. Speed Index numbers 161.6 and 95.3 respectively, the forming wave is crucial for what is going to happen!!