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British Pound / Japanese Yen
Short

GBPJPY approaching resistance, potential drop!

By Tickmill
Broker
GBPJPY is approaching our first resistance at 146.02 (horizontal overlap resistance, 50%, 61.8% Fibonacci retracement) and a strong drop might occur below this level pushing price down to our major support at 141.83 (horizontal pullback support, 50% Fibonacci retracement).
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Chart PatternsForexforexsignalforextradingGBPGBPJPYgbpjpylonggbpjpyshortHarmonic PatternsjpyTrend Analysis
Tickmill
Broker
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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