Price has found strong support at the first warning line (WL1) of the major ascending pitchfork and now has turned to the upside again. Has managed to break above the red uptrend line, signaling that the bulls are very strong. GBP/JPY continues to move in range on the short term, technically it should approach and reach the upside line of the extended sideways movement after the failure to approach and reach the downside line of this pattern.
