GBPJPY is approaching our first resistance at 149.23 (horizontal swing high resistance, 100% Fibonacci extension, 38.2% Fibonacci retracement). A strong reaction might occur below this level, pushing price down to our major support at 147.11 (horizontal swing low support, 76.4% Fibonacci retracement). Stochastic (55,5,3) is also approaching resistance where a reaction off this level might be a good precursor for a potential drop in price. Losses can exceed the initial investment so please ensure you fully understand the risks Trading CFDs on margin carries high risk.
This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
Também em:
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.