After months of gains, GBP-JPY could start a bearish trend or correction on the monthly time frame.
GBP-JPY is moving towards the SOB zone to collect liquidity after failing to break the previous bottom at 116.837 and according to the price-time behavior pattern, it seems with a good probability to witness a correction or a downward trend in the price zone of 203 to 208.
i'm watching it very early from 191 is it's approaching the retrace area of the breakout, a retrace from 208 is a bit exaggerate i see it, i think BoJ will try to protect and appreciate the JPY!