GBP/JPY has broken through a resistance line. It has touched this line numerous times in the last 8 days. This breakout shows a potential move to 162.5335 within the next 2 days. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout. Supported by Upward sloping Moving Average
Chart 1 hour
Pattern Resistance
Length 134 Candles
Identified 02-Sep-2022 05:00 UTC