The GBP JPY pair provided more attempts to surpass the sideways level to notice its stability currently at 193.75, which represents key that pushes the price to the upside again, to confirm this we need four hours close above 193.75 level, to expect breaching the achieved top at 195.75 then recording more targets starting at 196.80.
The stability of the price below the current level will support the continuation of the sideways domination, to expect the price attempt to decline towards 192.10 level to wait for new signal to detect the main trend in the upcoming period.
Expected trading range is between 193.75 and 192.10
Expected trend for today: neutral