GBPJPY Approaching Resistance, Potential Reversal!
GBPJPY is approaching its resistance at 147.02 (61.8% & 100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal pullback resistance) where it is could reverse down to its support at 145.69 (horizontal pullback support).
Stochastic (89, 5, 3) is approaching its resistance at 95% where a corresponding reversal is expected.
Stochastic (89, 5, 3) is approaching its resistance at 95% where a corresponding reversal 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.