GBP/JPY Bearish Pullback from Rising Channel Resistance**GBP/JPYOANDA:GBPJPYSMART_MONEY_CIRCLE 🎯 **216.885** GBP/JPY is showing signs of weakness after rejecting the upper boundary of the ascending channel. Following a strong bullish rally, price failed to maintain higher levels and has started to pull back while remaining below recent highs. The rejection suggests that sellers are gaining short-term control, increasing the probability of a move toward the next key support area around **216.885**. As long as price stays below the channel resistance, the bearish correction remains valid. Traders should watch for confirmation through continued bearish momentum before considering downside opportunities. **Target:** **216.885** **Bias:** **Bearish (Short-Term Pullback)**