The GBPJPY is in a BEAR mood at the moment as the major TMA Slope indicator remains RED bear signal. H4 Oscillator and that of D1 is bear and still strong to cash in some pips.
The GBPJPY is obviously on a down trend and more bear pressure from the D1 timeframe. H4 oscillator getting weak on the minor uptrend - this is the time to plan an entry for SELL in the H1 or M30.