The currency pair is trading in the range of the upper limit of the descending price channel on the weekly timeframe (W1).
GBPJPY analysis: monitor the price movement in real time.
On the H1 timeframe, the ascending pattern of the M15 level is truncated, and Stochastic Oscillator signals overbought condition. Probably the ascending M15 pattern is a wave In the descending H1 level pattern.
Trading recommendations:
Sell when a descending wave pattern is formed, where the wave (aC) breaks through the inclined channel of the ascending truncated pattern.
Stop Loss for the local maximum.
Target levels: 138.00; 137.23.