GBPJPY faded positive signs below 135.90

A per yesterday outlook it fell to the channel support and gave a breakout at 135.90 and currently trading below that which becomes resistance now. Curently h4 trading with mild bearish bias with upside restricting channel resistance at 135.90 for the downside target 134.20-30 level wit a support at ma50 or 134.98. One can wait for the rise till 135.90 and can sell from there for the said target. Bearish bias will invalidates when prices breaks upside above 137.60 or 200ma. Overall sell on rise is advised for the day.