GBP/JPY 2-hour chart...GBP/JPYOANDA:GBPJPYRSI_Trading_pointGBP/JPY 2-hour chart, here’s what’s clear: The pair has broken out of a falling-wedge / descending-channel pattern, which usually signals a bullish reversal. Price is trading around 202.15–202.65, currently testing above the wedge resistance and sitting near the Ichimoku cloud top, confirming early bullish structure. My marked a measured move projection (blue arrow) — that projection aligns well with a typical wedge breakout target. 📈 Target Analysis Breakout confirmation zone: Above 202.50–202.80. Target Point: Around 205.50–206.00 (the level drawn on my chart). This zone matches both the top of the previous swing and the measured-move objective of the wedge. 📊 Summary TypePrice LevelNotes Entry Zone202.50–202.80On bullish breakout confirmation Main Target205.50 – 206.00Projected wedge target Stop-Loss (for buy)201.00 – 200.80Below cloud & wedge retest Support to watch201.20Should hold to maintain bullish bias ✅ Final Target: 205.50 – 206.00 JPY