GBPJPY Approaching Resistance, Potential Reversal
GBPJPY is approaching its resistance at 140.93 (100% Fibonacci extension, 50% Fibonacci retracement , horizontal overlap resistance) where it could potentially reverse to its support at 137.46 (Horizontal swing low support, 38.2% Fibonacci retracement ).
Stochastic (34, 5, 3) is approaching its resistance at 97% where a corresponding reversal could occur.
Stochastic (34, 5, 3) is approaching its resistance at 97% where a corresponding reversal could occur.
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