Major Breakdown Confirmed!
GBP/JPY has broken a key support level and violated the trendline, signaling a strong bearish move! This breakdown indicates a shift in market sentiment, with sellers gaining control.
Support Level Broken: Price has failed to hold above a critical support zone, confirming bearish momentum.
Trendline Break: The price has also breached the upward trendline, reinforcing the sell signal.
Entry: 190.950
Target: 187.150
Indicator: EMA 50
Timeframe: 1H
Trade wisely & manage your risk!
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