GBP/JPY has broken through a resistance line. It has touched this line numerous times in the last 11 days.

GBP/JPY broke through important 160.0500 price line
GBP/JPY has broken through a resistance line. It has touched this line numerous times in the last 11 days. This breakout shows a potential move to 161.9202 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.

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