#gbpjpy #usdjpy #jpy This GBPJPY 4H chart shows a clear rising wedge pattern which typically signals a potential bearish reversal. The structure has been moving in a narrowing upward channel with five completed waves suggesting exhaustion of the bullish momentum. After reaching the final wave the pair broke below the lower boundary of the wedge confirming the breakout. This indicates that sellers are gaining control and a downward move is expected. The corrective abc swings within the wedge also support the weakening structure and the breakout aligns with classical technical analysis where rising wedges often lead to a strong decline once the support line is breached.