GBP/JPY Technical – Impending Bearish Reversal

<p><img width="612" height="392" src="https://www.actionforex.com/wp-content/uploads/2022/12/f-gbp-jpy7.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.actionforex.com/wp-content/uploads/2022/12/f-gbp-jpy7.jpg 612w, https://www.actionforex.com/wp-content/uploads/2022/12/f-gbp-jpy7-600×384.jpg 600w, https://www.actionforex.com/wp-content/uploads/2022/12/f-gbp-jpy7-150×96.jpg 150w, https://www.actionforex.com/wp-content/uploads/2022/12/f-gbp-jpy7-300×192.jpg 300w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>The GBP is the second weakest currency among the major US dollar pairs in the past five days. A potential bearish reversal set-up has emerged for GBP/JPY while the JPY bears seem to be cautious about Japan’s MoF intervention at around the 150.30 risk level on USD/JPY. Watch the key short-term resistance at 182.95 on […]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/523680-gbp-jpy-technical-impending-bearish-reversal/">GBP/JPY Technical – Impending Bearish Reversal</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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