GBPJPY Forecast
The GBPJPY was indecisive yesterday, made a Doji on daily chart. The bias is neutral in nearest term but price is struggling around the upper line of the bearish channel as you can see on my h4 chart below indicates critical phase. A violation to the upside of the bearish channel could be a serious threat to the bearish scenario and a beginning of a bullish phase testing 131.00. Immediate support at 128.80. Break below that area would keep the bearish scenario intact testing 127.62.
