GBPJPY: ⬆️ Buy
– GBPJPY broke resistance zone
– Likely to rise to resistance level 214.10
GBPJPY currency pair recently broke the resistance zone between the resistance level 211.80 (which stopped the previous impulse wave (1) at the end of October), 50% Fibonacci correction of the down impulse C from August and the daily down trendline from the end of August.
The breakout of this resistance zone accelerated the active impulse wave (3) of the primary impulse wave C from the end of September.
Given the recent breakout of the aforementioned down trendline, GBPJPY currency pair can be expected to rise further toward the next resistance level 214.10.
 at the end of October), 50% Fibonacci correction of the down impulse C from August and the daily down trendline from the end of August.){kind=link}