GBP/JPY continues to exhibit a strong bullish market structure

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GBP/JPY continues to exhibit a strong bullish market structure GBP/JPYOANDA:GBPJPYExpertTraderASKGBP/JPY BUY SETUP GBP/JPY continues to exhibit a strong bullish market structure on the 1-hour timeframe, with price developing an ascending triangle breakout, a pattern that typically signals trend continuation. The technical outlook favors long positions from 214.600, subject to breakout confirmation. Trade Details Entry: 214.600 Timeframe: 1 Hour (H1) Technical Targets Target 1: 215.000 Target 2: 215.500 Risk Management Implement disciplined risk management by limiting exposure to 1–2% of total trading capital per position. Position the stop-loss below the breakout structure or the most recent swing low. Avoid excessive leverage and execute the trade only after a confirmed breakout with sustained bullish momentum. Disclaimer This trade setup is based solely on technical analysis and is intended for educational purposes. Always perform your own market analysis and follow your trading plan before entering any position.