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GBPJPY Approaching Resistance, Potential Reversal!

Oleh ICmarkets
Broker
GBPJPY is approaching its resistance at 148.17 (61.8% & 100% Fibonacci extension, 76.4% & 50% Fibonacci retracement, horizontal overlap resistance) where it could potentially fall to its support at 145.63 (61.8% Fibonacci extension, horizontal overlap support).
Stochastic (89, 5, 3) is approaching its resistance at 96% where a corresponding reaction could occur.
Chart PatternsForexforexsignalsgbjpyshortGBPGBPJPYHarmonic PatternsjpyTrend Analysis
ICmarkets
Broker
IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.
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