looking at a swing point, gbpjpy might be ready for the great fall. last week price made its first bearish impulse and we have seen price retracing all the way back completing its retracement (if price is going to drop) and has reached an orderblock. from here we should see price reverse however it would also be best if we could get a fakeout before price drops because that would mean they have taken out some stop losses aiding price to drop more hence why our stop loss is above the high.