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.
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