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GBPJPY Reversed Off Resistance, Potential For Further Drop

Por ICmarkets
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GBPJPY reversed off its resistance at 145.64 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing high resistance) where it could drop further to its support at 143.81 (38.2% Fibonacci retracement, horizontal swing low support).
Stochastic (89, 5, 3) reversed off its resistance at 96% where a corresponding drop could occur.
audCADChart PatternsEURGBPGBPJPYgbpjpyshortHarmonic PatternsjpyTrend AnalysisUSD
ICmarkets
Corretora
IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.
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