GBPJPY: Bearish Outlook Explained 🇬🇧🇯🇵

٢٨ سبتمبر ٢٠٢٤

We see the exemplary bullish trap on GBPJPY on a daily.
After a false violation of a major daily resistance,
the price formed a high momentum bearish candle a dropped rapidly.

I think that the pair has a nice potential to continue falling.
We may see some minor correction first
and a bearish continuation to 188.88 level then.

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