GBP/JPY (British Pound / Japanese Yen) on the 1-hour timeframe,GBP/JPYOANDA:GBPJPYArtiverma256 GBP/JPY (British Pound / Japanese Yen) on the 1-hour timeframe, illustrating a potential bullish setup. Chart Analysis: • The price is currently around 188.65, trading near a support zone (highlighted in red). • A possible bullish breakout is depicted, with price expected to rise towards 190.78 - 191.75. • Key levels: • Support Zone: Around 188.30 - 187.75 (potential bounce area). • Resistance Zone: Around 190.78 - 191.75 (potential target). • The chart also includes a rounded top formation, indicating a prior bearish move, followed by consolidation. • The expected scenario suggests a breakout from consolidation, leading to an upward move.