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Buy if a breakout occurs above 155.480
GBPJPY
, 240
Long
GBPJPY: Buy if a breakout occurs above 155.480

GBPJPY moves through the ascending channel since Jun 2020 towards a strong resistence from 2018. 50MA & 200MA are positive but the price couldn't come above the 1h & 4h Ichimoku clouds yet. On Friday 11th, Manufacturing Production data will be announced for GBP, but there is no important info for JPY ahead. If the price can hold above the minor descending channel...

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