GBPJPY is trading inside bullish pennant, the possibility of price breaking the pennant is high because the previous daily candle closed bullish but only if fundamental events didn't interfere. If 195.000 resistance eventually break, then price might push up to 200.000 resistance before making a retest for the bullish continuation.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.