GBP/JPY is showing a bullish triangle breakout after price pushed above the descending trendline and held above the highlighted support zone. The breakout suggests buyers are attempting to regain short-term control, with momentum pointing toward the marked resistance levels. As long as price stays above the support zone, bullish continuation remains favored. 
GBPJPY
🟢1st Resistance : 214.682
🟢2nd Resistance : 215.347
🔴Support Zone : 213.219 – 212.892
⚠️Disclaimer : This analysis is for educational purposes only
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GBPJPY 🟢1st Resistance : 214.682
🟢2nd Resistance : 215.347
🔴Support Zone : 213.219 – 212.892
⚠️Disclaimer : This analysis is for educational purposes only
Support the idea 🚀Boost |💬 Comment |🔁 Share |
🔸🔸 Charts Don’t Lie, Traders Don’t Quit 🔸🔸
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✅Free Telegram Channel: telegram.me/kabhifx
✏️Text Me @ telegram.me/kabhidhan
✏️Text Me @ telegram.me/kabhidhan
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.