Forex technical analysis: GBPJPY bases at a nice technical level

Trend line and 100 day MA converged. Getting a bounce.
The GBPJPY bottomed near trend line support on the 4-hour chart. At the low was also the 200 day MA  at the 137.02 level (green step line).  The low reached 137.08. That is a great technical level to hold and potentially base.