GBPJPY is trading in a bearish parallel channel.
Current price suggest the activity is slow down near resistance. Two things can happen now!!
Trade plan 1:
Buy when it breaks and close above the channel
TP: 157.380
SL: 156.420
Trade plan 2:
Short when it test the trendline or resistance zone and close with bearish candle
TP: 155.600
SL 156.850