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GBPJPY Tested Resistance, Potential Drop!

Oleh ICmarkets
Broker
GBPJPY tested its resistance at 146.43 (61.8% & 100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing high resistance) where we could potentially drop to its support at 144.88 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing low support).
Stochastic (89, 5, 3) reversed near its resistance at 97% where a corresponding drop 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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