GBP/JPY has broken through support of a Channel Up. It has touched this line at least twice in the last 5 days.

GBP/JPY has broken through support
GBP/JPY has broken through a support line. It has touched this line at least twice in the last 5 days. This breakout may indicate a potential move to 160.0712 within the next 14 hours. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading.

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