GBPJPY looks like it is in a phase of bearish return in a downtrend channel pattern. We are currently looking to short on the market due to the rejection at level of 200.700 and we will be looking to see a drop of at minimum 200-400 pips before touching the main support trend line. I have my profits set there, however, please feel free to take any profits you wish ahead of time. Thank you and please be sure to follow our page!