Lingrid | GBPJPY Momentum Continuation Trade Opportunity

GBPJPY remains firmly inside a well-defined upward channel, with price holding above both the ascending trendline and the former consolidation zone. The recent pullback formed a higher low, confirming trend strength and continuation intent.

Momentum is rebuilding after consolidation, and price is now positioned for a push toward the 213.8 resistance zone, which aligns with the upper channel boundary. As long as price stays above the 211.4 support area, the bullish scenario remains intact.

➡️ Primary scenario: higher low holds → continuation toward 213.8
⚠️ Invalidation: sustained break below 211.4 would weaken the bullish structure

If this idea resonates with you or you have your own opinion, traders, hit the comments. I’m excited to read your thoughts!