GBPJPY approaching resistance, potential reversal!
GBPJPY is approaching its resistance at 146.63 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing high resistance) where price could reverse down to its support at 143.83 (100% Fibonacci extension, horizontal swing low support).
Stochastic (89, 5, 3) is approaching its resistance at 96% where a corresponding reversal could occur.
Stochastic (89, 5, 3) is approaching its resistance at 96% where a corresponding reversal could occur.
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Disclaimer
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.