Mon, 06 Jul 2026 09:13:42 GMT
GBP/JPY Technical Outlook: Ascending Channel Breakout Focus
GBP/JPY chart highlights a well-defined ascending channel that has maintained a steady bullish structure since February, with the price currently hammering against immediate resistance at 216.319. A clean breakout and daily close above this level would confirm upside continuation, likely driving momentum toward the major psychological target of 220.000 near the upper boundary of the channel. On the flip