GBP/JPY: Bearish Momentum Continues – Targeting Lower Supports

GBP/JPYShortSwing4h ago4 views

Trade Setup

Entry Price

188.7000

Stop Loss

190.4000

Take Profit

185.3000

Risk : Reward

1 : 2.00

RiskReward

Current Market Scan & Trend Confirmation


Looking at the GBP/JPY pair, the current market structure undeniably points towards a bearish sentiment. The pair is trading at 188.39, having seen a -0.37% decline over the past 24 hours. The daily range from 187.34 to 189.45 highlights the recent volatility, but the overall trend remains firmly to the downside. My assessment indicates that we've seen a

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