GBPJPY currency pair recently reversed up from the support zone lying between the key support level 152.650 (previous Double Top from September), lower daily Bollinger band and the 61.8% Fibonacci correction of the upward price impulse from September. The upward reversal from this support zone stopped the earlier intermediate corrective wave A from the end of October. Given the strength of the aforementioned support zone, strongly bullish sterling sentiment seen across the FX markets today, GBPJPY currency pair can be expected to rise further toward the next resistance levels 154.000 and 155.000.