GBP/JPY Bearish Channel (20.01.2025)

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The GBP/JPY Pair on the M30 timeframe presents a Potential Selling Opportunity due to a recent Formation of a Channel Pattern. This suggests a shift in momentum towards the downside in the coming hours. GBPJPY


Possible Short Trade:
Entry: Consider Entering A Short Position around Trendline Of The Pattern.

Target Levels:
1st Support – 188.64
2nd Support – 188.00

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beyondtechnicalanalysisChart Patternsfundamental-analysisGBPGBPJPYgbpjpyshortTechnical IndicatorsjpyTrend Analysis

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