GBPJPY Approaching Resistance, Prepare For A Reversal
GBJPY is approaching its resistance at 148.83 (100%Fibonacci extension, horizontal swing high resistance, 78.6% Fibonacci retracement ) where it is expected to reverse down to its support at 147.58 ( 23.6% Fibonacci retracement, horizontal pullback support).
Stochastic (89, 5, 3) is approaching its resistance where a corresponding reversal is expected.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Stochastic (89, 5, 3) is approaching its resistance where a corresponding reversal is expected.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.