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GBPJPY approaching resistance, potential reversal!

Oleh ICmarkets
Broker
GBPJPY is approaching its resistance at 146.63 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing high resistance) where price could reverse down to its support at 143.83 (100% Fibonacci extension, horizontal swing low support).

Stochastic (89, 5, 3) is approaching its resistance at 96% where a corresponding reversal could occur.
Chart PatternsForexforexsignalsGBPGBPJPYgbpjpyshortHarmonic 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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