The GBP/JPY in a sustainable uptrend

The Pound versus the Yen keeps a sustainable uptrend on the daily chart, but it has now reached the round number level of the 193.00. It is possible for that level to become a good resistance, but the uptrend stays in place as long as the bullish trendline is not broken to the downside. A breakout of the 193.00 could cause the price to accelerate to the upside, but a pullback could give us the opportunity of a long entry.