Technical analysis on the Japanese pound - GBPJPY

Technical analysis on the British Pound against the Japanese Yen:

The pair is trading within a bullish channel on H4 frame. The pair rallied upwards affected by the buying momentum on the British pound and the GBP news. We expect the bullish trend to continue, targeting 146.85 to sell, from it as a resistance level.

Technically: the pair is up as long as prices are inside the ascending channel on the H4 frame

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