📉GBPJPY has recently shown a dynamic head and shoulders pattern on the 4-hour chart.
The neckline of this pattern was broken today, leading to a close below it.
This breakout suggests a potential correctional movement as buyers may be losing momentum.
I anticipate a bearish movement towards 190.35 or lower.
The neckline of this pattern was broken today, leading to a close below it.
This breakout suggests a potential correctional movement as buyers may be losing momentum.
I anticipate a bearish movement towards 190.35 or lower.
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