GBP/JPY Bulls are Coming

After doing a top down analysis GBP/JPY is looking to break out above previous structure high and take off. We have seen the market test and retest the same resistance area for quite some time. Looking to take buys above 161.65 after the market pushes to the upside and a clean retest of that area. Wait for break and close above 161.65 on the 4h to confirm long position or a retest of this area after the break. I hope this helps. Have a great week and take profits.
Chart PatternsTechnical IndicatorsTrend Analysis

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