GBPJPY: Bearish Outlook 🇬🇧🇯🇵

snapshot

Hey traders,

GBPJPY is trading within a wide horizontal trading range on 4H.
Reaching its resistance, the price formed a double top formation.
Its neckline breakout confirms a local bearish sentiment.

I expect a bearish move to 161.41

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Double Top or BottomforecastForexGBPGBPJPYjapaneseyenParallel ChannelpoundRectangleyen

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