GBPJPY was range bound between 132.50 to 134.60.it has given breakout on hourly closing basis 134.60 so now its first target is 136.30 at least.
After achieving its first target it can be seen between the range of 139.00- 139.40 as its target.
On daily chart it showing a breakout of bullish flag as to support the target of 139.00-13940
To trade this idea stop loss should be kept below 134.30 on hourly closing basis.
Technical IndicatorsTrend Analysis

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