GBPJPY currency pair recently reversed up with the daily reversal pattern Morning Star Doji from the support zone lying between the key support level 148.650 (former monthly low from March), lower daily Bollinger band, and the support trendline of the daily down channel from the middle of June. The upward reversal from of this support zone started the active corrective wave 2. Given the strength of the active uptrend – GBPJPY currency pair can be expected to rise further in the active corrective wave 2 toward the next resistance level 153.350 (top of wave (B) and the target for the completion of wave 2).