GBP/JPY is showing a bearish breakdown

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GBP/JPY is showing a bearish breakdownGBP/JPYOANDA:GBPJPYJohnsonForexTrader📊 GBP/JPY MARKET ANALYSIS Time Frame: 1 Hour (H1) 🔴 Market Outlook: Bearish GBP/JPY is showing a bearish breakdown, indicating increasing selling pressure and the potential for further downside. The pair has broken below a key support structure, making the 218.000 area a favorable zone for sellers while the bearish momentum remains intact. 📍 Sell Zone: ✅ 218.000 🎯 Technical Targets: 🥇 Target 1: 217.100 🥈 Target 2: 216.400 🥉 Target 3: 215.500 Trading View: - Bearish breakdown confirms weakening bullish momentum. - Remaining below 218.000 supports the bearish outlook. - Wait for price confirmation before entering and always apply proper risk management. ⚠️ Disclaimer: This analysis is for educational purposes only and is not financial advice. Always trade according to your own strategy and risk management. #GBPJPY #Forex #ForexTrading #TechnicalAnalysis #PriceAction #Bearish #Breakdown #Trading #MarketAnalysis