British Pound / Japanese Yen
Short
Updated

GBP/JPY - Triangle Breakout (Weekly Forecast Feb 24-28)

3โ€ฏ890
The GBP/JPY Pair on the H4 timeframe presents a Potential Selling Opportunity due to a recent Formation of a Triangle Breakout Pattern. This suggests a shift in momentum towards the downside in the coming hours.

Possible Short Trade:
Entry: Consider Entering A Short Position around Trendline Of The Pattern.

Target Levels:
1st Support โ€“ 185.04
2nd Support โ€“ 182.94

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