GBPJPY Approaching Resistance, Potential Reversal
GBPJPY is approaching its resistance at 144.72(100% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap resistance) where it could potentially reverse down to its support at 143.36 (horizontal swing low support).
Stochastic (55, 5, 3) is approaching its resistance at 91% where a corresponding reversal could occur.
Stochastic (55, 5, 3) is approaching its resistance at 91% where a corresponding reversal could occur.
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