GBPJPY fulfilled one of the forcasted trigger point on the 15min chart at 100MA and has so far had a high/low range of 103pips. This pair is known to be one of the most volatile pair and has an average daily range of up to 150-200pips. So we are looking at some more rally towards 156.xx hopefully in the next few hours. Provided it stays bullish as it is.
The 4hr chart below sheds more light on the possibility of hitting 156.xx/157.xx
GBPJPY 4HRS
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