Technical analysis on the Japanese pound - GBPJPY

Technical analysis on the British Pound against the Japanese Yen:

The pair is trading on the H1 chart with upward momentum. And as a new starting rule is to support the broken upper leg, which will push the price to the level of 148.50, we advise traders to enter into buying levels when breaking the last peak at 147.30 while maintaining an appropriate stop loss for all trades.

Technically: the pair is bullish as long as prices are above 146.30

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