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British Pound / Japanese Yen
Long

GBPJPY Testing Support, Potential Bounce!

By ICmarkets
Broker

GBPJPY is testing its support at 144.66 (61.8% Fibonacciu extension, 76.4% Fibonacci retracement, horizontal overlap support) where it could potentially bounce to its resistance at 146.95 (50% Fibonacci retracement, horizontal pullback resistance).
Stochastic (55, 5, 3) is testing its support at 4.8% where a corresponding bounce could occur.
Chart PatternsForexforexsignalsGBPGBPJPYgbpjpylongHarmonic 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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