The GBP/JPY is building a new trend going up on the D1 time frame. The current analysis shows resistance is at 179.25, you can set a price alarm here for a buy. Above this price when the alarm hits look for a buy signal on The Forex Heatmap®. The overall pip potential is very good going up to the 184.50 resistance, this is over 500 pips of potential movement. The trend analysis you see below was done with moving averages and using multiple time frame analysis by individual currencies, which is our analytical technique for 28 pairs.
Forex Trend Analysis GBP/JPY 4-8-2015