英鎊 / 日圓
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GBPJPY: Ready to Climb Higher

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GBPJPY had been consolidating in a sideways range for about a week before witnessing a strong bullish breakout today. This surge has turned the pair bullish.

On the 4-hour chart, the price successfully broke above a key resistance level within the range, supported by a strong momentum candle.

With this breakout, further upside movement is expected, with potential targets at 190.48 and 190.98.

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