Hello guys, here is our analysis on GBPJPY . As we can see that the pair was in a rectangle channel for a long time and now has broken out of it. It started its journey on upward side. As you can see in the chat that the black line is the possible move that it the pair can go till the resistance.

Views welcome. Thanks.

Ryan.R.Lopes

Ryan Lopes

Ryan Lopes

Ryan.R.Lopes, trader and analyst. Holds strength in Support and resistance, trade-line and breakouts. Having experience in FOREX, COMMODITIES and STOCK MARKET for more than 5 years and now Backed by a powerful team that has more than 10 years of experience.