GBPJPY: Don't saying it will

But should be considered as a risk for all that are over-leveraged gambling on breakout. Just a bit of healthy caution is all :) May break out and rally for a lifetime from current level ofc. But then again, it may want to taste a bit on the sweet lower part too. Right at this zone it is still risky.

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Being a contrarian here...

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Guess a lot of break-out ready ppl are disappointed. Well, going long from (4) if it comes would be a great entry.

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Still believe point (4) is the right place to enter.
Still I see all top authors going bla bla bla about entering for breakout. Further retrace should be the medicine the patient ordered. :)