GBPJPY was in an uptrend and recently had a significant drop. Marked on the chart we can see how GBPJPY failed to make a higher high and failed to break resistance. After the breakout, from the uptrend, it retested the diagonal support level. We can also view how GBPJPY broke out on the RSI indicator, demonstrating how it was oversold. With GBPJPY we can see how it would react to making a correction upwards after this drop and then probably keep heading down. But If price does break the marked support level then we can confirm getting in a short position for the downtrend.