After breaking the downtrend, GBPJPY went sideways. This morning we see a break.
This is a strong signal for the pair to rise, as the initial goal will be 137.15, followed by 137.45.

The possibility is already evolving, so it is very likely that we will not see a correction. At the opening of the European session, the official announcement of Biden as president is expected to take place!

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Chart PatternsForexGBPJPYrangesignalstakeprofittrendTrend AnalysisWedge

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