The GBP/JPY Pair on the M30 timeframe presents a Potential Selling Opportunity due to a recent Formation of a Triangle Breakout Pattern. This suggests a shift in momentum towards the downside in the coming hours.
Possible Short Trade:
Entry: Consider Entering A Short Position around Trendline Of The Pattern.
Target Levels:
1st Support – 194.34
2nd Support – 193.76
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Possible Short Trade:
Entry: Consider Entering A Short Position around Trendline Of The Pattern.
Target Levels:
1st Support – 194.34
2nd Support – 193.76
🎁 Please hit the like button and
🎁 Leave a comment to support for My Post !
Your likes and comments are incredibly motivating and will encourage me to share more analysis with you.
Best Regards, KABHI_TA_TRADING
Thank you.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Trade active
placedNote
in Good Profit
Note
Trade closed: target reached
Note
Dual threats left investors anxious as markets prepared to reopen late Sunday, with escalating chances of a widespread Middle Eastern conflict coupled with nationwide protests against U.S. President Donald Trump, raising fears of further domestic turmoil. 
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