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Seizing Opportunity: GBPJPY Unveils Bearish Momentum on 4H Chart

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OANDA:GBPJPY   英鎊 / 日圓
The GBPJPY currency pair is currently exhibiting a discernible bearish flag pattern on the 4-hour time frame. Noteworthy in this context is the presence of a bearish divergence, adding an additional layer of significance to the technical analysis. Consequently, our strategy entails initiating a trade position upon the confirmed breakout of the bearish flag, anticipating a downward trajectory in line with the established bearish momentum.
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