GBPJPY About To Explode? Massive Breakout Setup FormingGBP/JPYOANDA:GBPJPYMrlaimfx09GBP/JPY is currently consolidating beneath a key resistance zone around 214.0–214.5 while respecting a rising trendline support on the 4H timeframe. The structure suggests buyers are still maintaining control despite recent pullbacks. Key Levels * Resistance Zone: 214.0 – 214.5 * Trendline Support: Rising dynamic support below current price * Bullish Target (BSL): 216.605 Trade Idea The chart presents a potential bullish continuation setup. A successful bounce from the trendline combined with a breakout above resistance could trigger momentum toward the liquidity target near 216.60. Scenario Outlook * Higher lows continue to support bullish market structure. * Holding above the trendline keeps bullish momentum intact. * A confirmed breakout above resistance may lead to an impulsive move higher. Waiting for confirmation near resistance and maintaining proper risk management remains essential.