GBPJPY Descending Channel Fake Breakout

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We expect further downside on this pair, signalled by the false breakout of the descending channel pattern. We can also see the testing and closing below of price the key level which further supports our directional basis.
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Chart Patternsfalsebreakfalse_breakoutfalsebreakoutgbpjpyanalysisgbpjpyforecastgbpjpy_outlookgbpjpypredictiongbpjpyshortgbpyjpysellTrend Analysis

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