GBP / JPY: 4 hour chart – a new downtrend
Price below 50 and 200 MA – negative signal
Price action: 3 black crows, as the third closes below 200МА – likely drop
50/200 MA: the price closes below the 200 MA – probably fall
DeM and CCI (50) are in the area of super sales – likely to follow correction
Alternative scenario: If the price crosses above the horizontal resistance is possible to see a new bullish momentum to the next resistance levels.