Seeing a rising wedge pattern forming on the 30m chart for GBPJPY, I've put down two points of resistance where I'd be looking at taking a short.
Also I've added the Japanese currency index (JXY) on the 4hr chart to show that it has approached a strong support level and will consolidate before it rejects and shows strength for JPY.
Thus I'm looking at shorting GBPJPY after this impulsive move to the upside, its due for a correction
My target in the mid term is 145. Good luck