GBPJPY formed a huge cup & handle pattern formation.
The market is currently testing its neckline.
If the price breaks and closes above that, it will initiate a bullish continuation.
Next goal for buyers will be 174.7
In order to confirm a breakout, we will need a daily candle close above.
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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.