GBPJPY recently reversed down with the daily Japanese candlesticks reversal pattern Evening Star from the key resistance level 140.800 (which has been reversing the price from the start of December) standing close to the upper daily Bollinger Band. The downward reversal from the resistance level 140.800 started the active shortterm impulse wave 3. Given the strength of the resistance level 140.800 and the growing yen bullishness seen across the FX markets today – GBPJPY is expected to fall further toward the next support level 138.000 (which has been reversing the price from the start of December).