GBPJPYGreat British Pound vs. Japanese YenFX:GBPJPYilhamdoangThe GBP/JPY 4-hour chart displays a clear bearish trend following a sharp decline from the 217.000 peak and a failed rebound around the 211.500 level. Price action currently trades at 208.148, holding firmly below both the 21-period EMA at 209.885 and the 34-period EMA at 209.641. This positioning beneath key exponential moving averages indicates that sellers continue to maintain control over the market momentum on this timeframe The short trade setup outlines an entry zone near 207.889, targeting a key support area at 205.319 for Take Profit. To manage potential risk, the Stop Loss is placed at 209.150, providing protection above recent price swings. Featuring a favorable risk-to-reward ratio with a significantly larger profit target than the defined risk area, traders should look for sustained downward movement past the entry level while adhering to strict risk management protocols