GBPJPY is Forming the bearish pattern at the top after giving a good upside movement. Descending the Triangle pattern indicates that we might see a downside in GBPJPY towards the support level, as shown in the chart. According to chart pattern analysis, one can initiate a short trade at the resistance line of the descending triangle pattern with proper risk management and stop loss.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
