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Pound Inggris / Yen Jepang

GBJPY approaching resistance, potential reversal!

Oleh ICmarkets
Broker
GBPJPY is approaching resistance at 149.20 (100% Fibonacci extension, 38.2% Fibonacci retracement, 61.8% Fibonacci extension) where it could potentially react off, causing price to fall to its support at 147.16 (horizontal swing low support). We do have to be cautious of the intermediate support at 147.62 (76.4% Fibonacci retracement, horizontal swing low support).
Stochastic (55, 5, 3) is approaching its resistance at 96% where a corresponding reaction could occur.
Bitcoin (Cryptocurrency)BTCUSDChart 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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