GBPJPY Looking for Setup Position
GBP/JPY recently broke a key trendline, signalling a potential downtrend reversal. After the break, the pair entered a consolidation phase, forming a flag pattern.
The breakout below the flag's lower trendline suggests that the downtrend is likely to resume. Looking for short positions, aiming to capture the continuation of the bearish momentum.
The breakout below the flag's lower trendline suggests that the downtrend is likely to resume. Looking for short positions, aiming to capture the continuation of the bearish momentum.
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