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GBPJPY: Is the Downtrend Going to Reverse?

British Pound / Japanese Yen (OANDA:GBPJPY)  
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OANDA:GBPJPY   British Pound / Japanese Yen
GBPJPY
5
0
gbpjpy
GBPJPY has been trading in the downtrend channel for more than 1 year.

However, the price broke the upper resistance line yesterday.

Is the trend going to change?

Lazy Strength Indicator is still indicating a downtrend.

The next resistance is at 142.85.

I will continue to observe the trend.

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