GBP/JPY Technical Analysis: Focus on today's close

GBP/JPY's rally from the Feb. 15 low of 141 sees to have run out of steam, as the pair created a doji candle on the daily chart - a sign of bullish indecision. 

A close above 148.27 (Doji high) would imply a continuation of the rally from the low of 141.00. 

However, a close below 146.98 (Doji low) would signal a short-term bullish-to-bearish trend change. 

Daily chart

Trend: Neutral