SHORT GBPJPY Reversed Off Resistance, Prepare For Further Drop
GBPJPY reversed off its resistance at 146.45 (100% Fibonacci extension ,50% Fibonacci retracement , horizontal swing high resistance) where it is expected to drop further to its support at 145.18(50% Fibonacci retracement , horizontal overlap support).
Stochastic (55, 5, 3) reversed off its resistance at 95% where a corresponding drop is expected.
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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.