GBPJPY is being crushed by the trendlineGBP/JPYOANDA:GBPJPYParadise_NoirGBPJPY on the H4 timeframe is showing weak reaction around the 213.30 – 213.50 region. This is a price zone that has repeatedly attempted to break through but has been rejected, while a clear descending trendline remains above. I noticed that the EMA34 and EMA89 are converging closely around the current level, indicating that the market is being compressed before a new price movement. However, the overall structure still leans towards selling, with each subsequent peak being lower than the previous one. Regarding news, GBP is lacking momentum after UK inflation cooled, weakening expectations of continued hawkish stance from the Bank of England. Conversely, JPY is supported by expectations of a potential interest rate hike by the Bank of Japan and the risk of intervention due to excessive yen weakening. If GBPJPY continues to fail below 213.50, I lean towards a scenario where the price breaks below 212.80 and extends its decline to 212.20, or even further to 211.30.