GBPJPY Breakdown: Predicting the Path of Deeper Declines and Future Rises

The GBPJPY has taken a significant turn, breaking below the rising price channel on the 4-hour chart as well as a key support level at 187.30. The evidence is suggesting a completion of the upside movement that originated from 178.72 and reached a peak at 188.89. Given this current pattern, it’s likely that we will … <a href="https://www.forexcycle.com/short-term-forex-analysis/137580-gbpjpy-breakdown-predicting-the-path-of-deeper-declines-and-future-rises.html">Continue reading<span> "GBPJPY Breakdown: Predicting the Path of Deeper Declines and Future Rises"</span></a>