The great Gbpjpy direction still remain up band, anyway the move today get to 134.26 high before shielding 38.2% as sell side take advantage of this high to sell shortly. also currency trader are very careful at the point where price is right now, above the pivot is no more a buying zone. The buy side will remain fore the lonh term now.
just for those who love trending with the market, yesterday was a sell free day with GBPJPY lovers. Also as the down tend end a new one start to surface, and trader are left to find their position now, if you will ask for the coming month kill.