FX:GBPJPY   British Pound / Japanese Yen
The price has finally broken out this triangle! It looks like the price has taken the option of breaking out then returning back to the broken resistance and then bouncing. The price from here looks to be very bullish, the RSI has positioned itself in a better position to see further bullish moves. Everything at the moment seems to be pointing towards a bullish push for this currency. I will keep everyone updated on this pair over the coming weeks.

Disclaimer

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.