Because GBP/JPY formed a Channel Up pattern, we expect it to touch the resistance line. If it breaks through resistance it may move much higher

Will GBP/JPY have enough momentum to break resistance?
A Channel Up pattern was identified on GBP/JPY at 194.665, creating an expectation that it may move to the resistance line at 196.1179. It may break through that line and continue the bullish trend or it may reverse from that line.

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