GBP/JPY looks set to visit 183.50 level

After reversing from the 186.50 level, GBP/JPY is on a downtrend.
At present, GBP/JPY is struggling to cross the hourly moving average.

We can also see the formation of a double-top pattern in the 1H chart.
So, based on this observation, GBP/JPY is likely to fall to the 183.50 level
once again.