The pair GBP/JPY has rebounded yesterday on the support at 129.50 and is currently testing a pullback on 130.50. Indicators are mitigated. We continue to advise short positions as far as 130.50 is resistance. The breakout of 129.50 will give a new sell signal and open the way towards 128.85. In case of return above 130.50, we will be neutral between this level and 131.