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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