GBPJPY is trading in descending channel and printing consistent LLs LHs. Currently the price is broken the important support zone and also has given the retest of broken level which is also the 50% fib retracement level.
If the sell momentum continues the next target could be 180.500 region.
What you guys think of this idea?
brokenstructureChart PatternsdescendingDescending ChannelforexsignalsGBPJPYTechnical IndicatorsstructureTrend Analysis

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