Time is running out for GBP/JPY

GBP/JPY is currently still trapped in descending triangle structure, but nearing the end of the apex.

The upper bound resistance is not accepting higher prices, sending price down again and again, with each rejection increasingly stronger.

Support is weakening as well after multiple tests.

I’m personally expecting it to give way by end of the week.

gbpjpy

Trade safe and trade well.

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