GBPJPY is moving in an Uptrend by forming higher highs and higher lows in the daily time frame chart.
Now, GBPJPY is trying to form head and shoulder pattern. But, it’s not yet confirmed.
If the market breaks the bottom level of the uptrend line, we can expect another fall on GBPJPY.
Otherwise, GBPJPY still remains in an Uptrend.
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