GBPJPY has completed a bearish harmonic pattern, and the price has also broken below the uptrend line, signaling a potential shift in momentum.
From my perspective, the chart structure points toward a move into the order block I’ve highlighted, which aligns with prior demand.
🎯 Conclusion: My outlook here is bearish — I expect GBPJPY to retrace into the highlighted order block. That said, markets are highly unpredictable, and this remains only my view, not a certainty.
👉 For more structured market insights and professional analysis, follow along.
From my perspective, the chart structure points toward a move into the order block I’ve highlighted, which aligns with prior demand.
🎯 Conclusion: My outlook here is bearish — I expect GBPJPY to retrace into the highlighted order block. That said, markets are highly unpredictable, and this remains only my view, not a certainty.
👉 For more structured market insights and professional analysis, follow along.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.