by S. Wade Hansen The GBP/JPY is back up against resistance just below 214.00 again, and this time, it may just have the momentum to break up and above this level. You can see on the chart below that 214.00 has been serving as resistance on this currency pair since January. And while an attempt to break through this level in June didn't pan out, this attempt might just work. [IMG]http://www.pfxglobal.com/images/stories/gj_breakout1.png[/IMG] This attempt looks promising because of the ascending triangle formation (a bullish price pattern) that is forming on the GBP/JPY hourly chart. You can see that the GBP/JPY may ... (full story)