GBP/JPY potential breakout trading setup for markup phase

GBP/JPY broke above the intermediate resistance at 137.30 yesterday and drew out some supply with a reaction unfolding currently. This sets up the stage for a potential breakout trading opportunity for GBP/JPY if it can commit above 137.70 and to enter the mark up phase. In order to trade breakout successfully, there are a few details to pay attention to in order to filter out the bad setup and increase your winning rate. Watch the video below (timestamp starts 3:45) to find out and apply to any other instrument you are trading: