GBPJPY POSSIBLE SCENARIOS

Price is technically in an uptrend while still trading below the long holding descending triangle that has been forming up for years, price just get to a resistance zone as double top formation, a reversal action in this zone will set price lower with 136.70 expose as target or next level of support.
While a break above with retest holding will set price higher exposing 144.00 as next level of resistance.