The GBP/JPY currency pair is currently exhibiting a strong bearish trend, making it an attractive candidate for shorting. The decision to short GBP/JPY at 190.743 is based on a combination of technical indicators and market sentiment.
The overall market sentiment is bearish on GBP/JPY due to recent economic data from the UK showing weaker-than-expected growth, coupled with a stronger Japanese
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.