Breach of 166.2310 could mean a start of a bullish trend on GBP/JPY

Possible start of a bullish trend on GBP/JPY
GBP/JPY has broken through a line of 166.2310. If this breakout holds true, we could see the price of GBP/JPY heading towards 166.8136 within the next 18 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so you should probably confirmation the breakout before placing any trades.

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