GBPJPY Sell the downtrend.

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GBPJPY - Intraday - We look to Sell at 156.33 (stop at 156.61)

Trading within a Bearish Channel formation.
Trend line resistance is located at 156.30.
We look for a temporary move higher.
Our short term bias remains negative.

Our profit targets will be 155.51 and 155.31

Resistance: 156.20 / 156.40 / 156.70
Support: 155.90 / 155.70 / 155.40
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