Bullish Pennant on GBP/JPY @ D1

This bullish pennant pattern on the daily chart of GBP/JPY provides a bullish breakout trading opportunity. The pennant and its pole are shown with the yellow lines. My potential entry level is marked with the cyan line. My potential take-profit level is marked with the green line. I will set my stop-loss to the lowest point of the pennant part of the pattern.

Trade active:

Trade entered at 140.788 on Nov 18 at 07:09 UTC. SL=139.391, TP=150.765.

Trade closed: stop reached:

SL reached yesterday at 15:59 UTC.