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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