GBP/JPY: Bearish Momentum Confirmed – Targeting Downside Swing

GBP/JPYShortSwing3h ago2 views

Trade Setup

Entry Price

188.7000

Stop Loss

190.7000

Take Profit

184.7000

Risk : Reward

1 : 2.00

RiskReward

Technical Outlook: High Probability Short Zone


My analysis on GBP/JPY points to a clear bearish continuation, presenting a compelling swing trade opportunity. The pair is currently trading around 188.25, having seen a notable 24-hour decline of -0.85 (-0.45%), reinforcing the prevailing bearish trend. We observed the day's high at 189.

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