Buy GBP/JPY Triangle Breakout

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The GBP/JPY pair on the M30 timeframe presents a Potential Buying Opportunity due to a recent breakout from a Triangle Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming hours.

Possible Long Trade:
Entry: Consider Entering A Long Position Above The Broken Trendline Of The Triangle.

Target Levels:
1st Resistance – 195.76
2nd Resistance – 196.50

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beyondtechnicalanalysisChart Patternsfundamental-analysisGBPGBPJPYgbpjpylongTechnical Indicatorsjpysupply_and_demandsupportandresistancezonesTrend Analysis

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