Lingrid | GBPJPY Momentum Continuation Trade Opportunity

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GBPJPY remains firmly inside a well-defined upward channel, with price holding above both the ascending trendline and the former consolidation zone. The recent pullback formed a higher low, confirming trend strength and continuation intent.

Momentum is rebuilding after consolidation, and price is now positioned for a push toward the 213.8 resistance zone, which aligns with the upper channel boundary. As long as price stays above the 211.4 support area, the bullish scenario remains intact.

➡️ Primary scenario: higher low holds → continuation toward 213.8
⚠️ Invalidation: sustained break below 211.4 would weaken the bullish structure
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