GBPJPY Reversed Off Resistance, Prepare For Further Drop
GBPJPY reversed off its resistance at 146.45 (100% Fibonacci extension ,50% Fibonacci retracement, horizontal swing high resistance) where it is expected to drop further to its support at 145.18(50% Fibonacci retracement, horizontal overlap support).
Stochastic (55, 5, 3) reversed off its resistance at 95% where a corresponding drop is expected.
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