Don't miss out on the GBP/JPY Bull run

Yesterday, we discussed how the GBP/JPY had recently experienced a bullish rally, but had been in a consolidation phase for the past two days. During this period, the price appeared to be forming a reversal head and shoulders pattern, which caused some concern among traders. However, the pattern was invalidated when the price broke through the local resistance, leading to the formation of a bullish flag continuation pattern.

As of today, the price is pushing higher in the long direction setup that we had anticipated. We are currently on the lookout for a long setup, which we believe will present a profitable opportunity for our trading strategy. It is worth noting that the bullish flag continuation pattern suggests that the price may continue to rise, so we will be monitoring the situation closely and adjusting our strategy accordingly. Overall, we remain optimistic about the prospects for the GBP/JPY and are excited to see how the market will evolve in the coming days and weeks.