GBPJPY is approaching resistance, potential reversal!
GBPJPY is approaching its resistance at 148.24 (50% Fibonacci retracement, 76.4% Fibonacci retracement, horizontal overlap resistance) where it could potentially reverse, causing price to fall to its support at 146.25 (38.2% Fibonacci retracement, horizontal swing low support).
Stochastic (55, 5, 3) is approaching resistance at 95% where a corresponding reaction could occur.
Stochastic (55, 5, 3) is approaching resistance at 95% where a corresponding reaction could occur.
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.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.