GBP/JPY Trade Setup: Short Position Analysis
This chart depicts the GBP/JPY currency pair on a 4-hour timeframe. It shows a downtrend with price action recently retracing upwards. The chart highlights a potential sell zone near 192.565, marked by a green resistance area, and a buy zone around 184.052, marked by a maroon support area. The current price is 190.314, with a trade setup indicating a short position targeting lower prices.
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