GBP/JPY: Important Bullish Breakout!GBP/JPYOANDA:GBPJPYlinofx1The 📈GBPJPY pair has been consolidating for over a week on the 4-hour timeframe. The price was observed to be coiling within a horizontal range. Today, its upper boundary was broken, and a 4-hour candle closed above this level. It is highly probable that a new bullish wave will commence shortly. The next target is set at 216.40.