GBPJPY is one of my favourite pairs I expect this pair to drop to the downside we had 100 pips move to the upside today, this could possibly go little bit more higher and consolidate for sometime then it could drop to the downside hopefully break previous lows of 155.00 and 153.00, it is possible for this pair to make new highs of 159.00 and even 160, but my opinion remains shorts and I expect it to drop, lets wait and see...