Ella 
GBP/JPY ended the session higher, having gained over 0.26% on Friday, taking its weekly gain to 1.74%. GBP/JPY is trading at 195.10 at press time, testing key resistance levels.
GBP/JPY rebounded last week following the Bank of Japan’s intervention, maintaining its upward trend. GBP/JPY has since bottomed out around the 50-day moving average (DMA) of 193.50 and has regained some ground.
Although the GBP/JPY uptrend remains intact, GBP/JPY still faces key resistance at the 195.26 baseline. A move above this level would see GBP/JPY facing the psychological barrier of 196.00, followed by the April 26 high of 197.92.
On the other hand, if the pair breaks below the leading band A at 194.82, it could open the door to challenge the leading band B at 194.24. Further losses look towards 194.00.
