GBPJPY: Wedge Pattern Could Trigger a Bullish ReversalGBP/JPYOANDA:GBPJPYKlejdiCuniGBPJPY: Wedge Pattern Could Trigger a Bullish Reversal GBPJPY has spent the past several sessions correcting inside a falling wedge, a pattern that often signals the exhaustion of selling pressure within a broader bullish trend. Price is now testing the upper boundary of the wedge, and a confirmed breakout could mark the beginning of a new bullish leg. If bulls manage to close hold the wedge resistance, the first target is the previous supply zone around 218.75. A sustained move above this level would increase the probability of extending the rally toward 219.35, where the next major resistance is located. This setup remains high risk, as the Japanese yen can experience sharp volatility, especially around central bank comments Targets: 218.75 219.35 You can find more details on the chart. Thank you and good luck! 🍀 ⚠️PS: Do your own analysis and use your own strategy to join the trade. ❤️ If this analysis helps your trading day, please support it with a like or comment ❤️