GBPJPY aiming at the higher end of the symmetrical triangle. Potential resistance seems between 147.75 and 148.45. The cross has been moving higher for four- consecutive weeks, gain more than 5%.

Clearing the roof of the triangle could open to the 100MAs (weekly) seem between 148.90 and 149.25.

Weekly range: 148.50-144

Monthly range: 149.70/150.00-141.00

It is important to always keep in mind the risks involved in trading with leveraged instruments.

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