GBPJPY has been following this channel for a while. as you can see whenever it does escape the channel so far it was come back. When it starts reaching heavy resistance then we may see a shift in the channel. Keep in mind GBP is getting out of the Brexit Zone and back into normal territory for the pound which is usually much stronger than most currencies. we can safely assume for the long term that this currency pair will be on the rise.
Beyond Technical AnalysisChart PatternsGBP (British Pound)GBPJPYTrend Analysis

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