British Pound / Japanese Yen
Short
Updated

GBPJPY| BEARISH TREND

145
The recent price action confirms the bearish trend as the pair has consistently closed below the 192.24 level. This suggests that sellers remain in control, increasing the likelihood of further downside movement. The next key target is the 191.10 support level, where a potential reaction may occur. If the price successfully breaks this level, bearish momentum is expected to continue, opening the way for further declines toward 188.89. A sustained move below this point would confirm the continuation of the downtrend.

Tendency Keys: 192.24
Resistance Line: 192.24, 194.62, 196.45
Support Line: 188.94, 191.10, 188.89
Trade closed: target reached
FULL TARGET

snapshot

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