GBP/JPY | forecast channel pattern target levels 184.500

📉 GBP/JPY Price Forecast 📉

🔻 Market Structure: Downside Channel Pattern
📍 Fair Value Gap (FVG) Retrace: 190.100
🎯 Entry Point: 189.300
🏆 Target Point: 184.500
📊 Indicator: EMA 50 for trend confirmation

💡 Trading Strategy:

Waiting for a retracement to the FVG zone before resuming the downtrend.

EMA 50 acting as dynamic resistance.

Strong risk-to-reward ratio for potential profits.

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