GBP/JPY - Will it bounce from a previous broken resistance level?

The GBP/JPY chart (1D timeframe) recently broke out of a strong resistance zone.
Now it is retesting this zone:

Will it bounce back upward, and fly to the Fibonacci 1.618 level?

My suggestion:

• Wait until it creates a white candlestick at least as large as the preceding black candlestick
• Place your stop-loss a small distance below these candles (146.800)
• Place your take-profit slightly below the Fibonacci 1.618 level (156.000)

Always remember:

• Use correct money management to suit your risk level. Never risk more than 2.5% of your account on a single trade!
• Analyze the trade yourself before placing it. I am not responsible for any losses that happen according to my analysis.

Happy trading!