GBPJPY is set to short to the next support level Based on news "The British Pound has been hampered by the latest surge in COVID-19 delta variant infections" more retail traders are on edge that re-opening measures will be reversed which could have a negative affect on the the pound. The Japanese Yen rose during June’s FOMC meeting. Policymakers said "price growth had surpassed their expectations and shifted up the timeline for on-coming interest rate hikes" . On the technical side GBPJPY is forming a Double Top at resistance near the January 2018 high. Prices broke seven-month trend line support and negative RSI divergence warns of ebbing upside momentum. Pushing past support at 151.32 may expose the 148-149 zone. A further break below that might also pierce the uptrend from March 2020.