Libra Esterlina/Iene Japonês
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GBPJPY approaching resistance, potential drop!

1708
GBPJPY is approaching our first resistance at 145.65 (horizontal swing high resistance, 61.8%, 100% Fibonacci extension, 78.6% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 144.18 (horizontal overlap support, 38.2% Fibonacci retracement).
Stochastic (34,5,3) is also approaching resistance where we might see a corresponding drop in price.
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