GBPJPY has been downtrending for quite some time now. For the past few weeks, it has been dropping consistently and it hasn’t showed any signs of stopping until a couple days ago when it retraced. I believe that GJ will reverse from here, form a double top, break the trendline, and continue its downtrend. Target price will be around 136.620. Stops can be placed around the area of 138.467.