GBPJPY Price Action Analysis - bearish correction to be started

W1 price is located to be above 200 SMA and above 100 SMA with the ranging market condition within the primary bullish:

• The price is ranging within 195.86 key resistance level and 180.39 key support level.
  
• Descending triangle price pattern was formed by the price to be crossed for the bearish correction to be started.
• 'Reversal' support level is 174.86 located below 100 SMA and above 200 SMA on the border between the primary bearish and the primary bullish area of the chart.
• 'Reversal' resistance level is 195.86 key resistance located far above 100 SMA/200 SMA in the bullish area of the chart.

Trend: