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A Price Action Descending Triangle pattern formation on the 4 Hour time frame chart supports GBPJPY Bearish bias. A break of 182.986 will support the fall towards the target of 181.856 the break of 181.856 would push the price to 181.103.
SUPPORT AND RESISTANCE LEVELS
- Pivot Point 195.993
- Support S1: 195.946, S2: 195.903 , S3: 195.856
- Resistance R1: 196.036 , R2: 196.083 , R3: 196.126
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