Signals on cross-rates: GBP/JPY continues to form a reversal pattern

Cross-rate GBP/JPY on H4 formed a “head and shoulders” figure, which is still limited to significant support in the zone: 148.50-80. Working off this figure will open the way to support levels: 148.00 and 147.50. Resistance is located at the mark: 149.20 and 149.50.