Do GBPJPY Bears Have Strength for a Sizeable Downmove?

<p>GBPJPY is trading sideways today as the recent strong bullish pressure appears to have abated somewhat. A short-term bearish trend channel has formed as the bears are preparing to test the support set by the busy 180.81-183.09 region, hoping that any pullback achieved might not prove short-lived like the late-July 2023 price action. The bears [&#8230;]</p>
<p>The post <a rel="nofollow" href="https://www.actionforex.com/contributors/technical-analysis/517824-do-gbpjpy-bears-have-strength-for-a-sizeable-downmove/">Do GBPJPY Bears Have Strength for a Sizeable Downmove?</a> appeared first on <a rel="nofollow" href="https://www.actionforex.com">Action Forex</a>.</p>

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