GBPJPY Breakout or Trap? Price in Key Exhaustion Zone | 4H ChannGBP/JPYOANDA:GBPJPYWarrenducatzGBPJPY is sitting at a critical point inside an ascending channel. After rejecting the exhaustion zone multiple times, price is trying to reclaim bullish momentum. Key levels to watch: ✅ Bullish Bias: Hold above 198.400 and break past 199.200 for continuation toward 200.000+. ⚠️ Bearish Risk: A break below 198.400 could signal a deeper correction. The 20 EMA and 68 EMA are converging—expect a strong move soon! Question: Do you think we break out or fake out? Comment below! 👇 #GBPJPY #ForexTrading #PriceAction #ForexSignals #GBPJPYAnalysis #TradingView #ForexSetup #TechnicalAnalysis #ForexStrategy #SwingTrading #ForexEducation #ForexMarket #DayTrading