Today I opened a buy position on GBPJPY because I saw that it had just broken out of the narrow consolidation area that had occurred previously. This breakout showed strong buying momentum, supported by long-bodied bullish candles. After the breakout, the price formed a small consolidation pattern above the resistance area that had been broken, which now has the potential to become new support. This is a characteristic of a continuation pattern, where the market takes a breather before continuing the previous trend.