GBP/JPY Technical Analysis: Climbs to fresh weekly tops, further beyond 146.00 mark amid weaker Yen

   •  The cross built on the overnight bullish break through a short-term descending trend-channel and continued gaining positive traction for the third consecutive session on Friday.

   •  The positive momentum remained supported by bullish technical indicators on hourly charts and lifted the cross further beyond the 146.00 handle, or fresh weekly tops in the last hour.

   •  Meanwhile, oscillators on the daily chart are yet to catch up with the positive momentum and warrant caution before placing aggressive bullish bets amid persistent Brexit uncertainties.

   •  Having said that, a strong follow-through buying has the potential to continue fueling the ongoing bullish trajectory and lift the cross towards monthly tops, around the 147.20 region.

GBP/JPY 4-hourly chart