GBP/JPY ended the previous week on a bearish note and the bearishness may continue in the upcoming week as well.
The 156 level is a strong historical resistance for GBP/JPY and thus it makes sense for a correction to happen from this level. Watch out for selling the rallies in GBP/JPY possibly near the 155.50 level with SL above 156.60 and TP at 150.