GBPJPY BULLISH CONTINUATION SETUP

Hi traders,

The GBPJPY seems to have completed ABC zigzag corrective chart pattern, which could indicate a continuation of the uptrend.
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GBPJPY bearish correction is probably a wave (iv) of a larger impulsive wave 1.

Considering that the price has breaks above the blue CTL after rejecting a swing level that lined up with moving averages and 38.2 Fib ratio; we have a valid reason to buy this pair.
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Price has the potential to move higher and complete impulsive wave (v) "blue." The main target is -27.0 FE that lined up with descending channel resistance as projected on the chart.
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Thanks for reading!