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The Bearish Rectangle has formed on the GBPJPY D1 chart. This is a trend continuation pattern bounded by the lower boundary at 206.85–206.85 and the upper boundary at 211.96–211.96. A breakout below the lower boundary is likely to signal a continuation of the downtrend.

The Bearish Rectangle has formed on the GBPJPY D1 chart and indicates a likely continuation of the trend. Its upper boundary is at 211.96 and its lower boundary is at 206.85. A short position may be considered once the price closes below the lower boundary at 206.85 of the Bearish Rectangle.

The Triple Top pattern has formed on the chart of the GBPJPY H1 trading instrument. It is a reversal pattern with resistance at 211.92/211.96, support at 211.39/211.66, and a width of 53 points. A break below the confirmation support at 211.39 may signal further downward movement.

The Triple Top pattern has formed on the chart of GBPJPY M15 and signals a possible trend reversal. After the third peak forms, a break below the confirmation support at 211.39 may confirm the bearish scenario. The projected peak-to-trough width is 30 points.

The Double Bottom pattern has formed on the GBPJPY M5 chart. Its upper boundary is at 211.63, its lower boundary is at 211.46, and its width is 17 points. A break above the upper boundary at 211.63 may confirm a trend reversal, with the pattern width defining the projected distance to a potential Take Profit level.