On the GBPJPY daily chart, we can see that the pair is bouncing from the confluence of uptrend support 137-139 zone. The pair needs to break above 143.600 for the upside continuation and a retest of 148.486 high. Invalidation of the medium-term update continuation only on the daily break below 137.600.
Happy trading! (click on the chart to enlarge it)
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