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GBPJPY approaching resistance, potential drop!

Short
British Pound / Japanese Yen (FX:GBPJPY)  
easyMarkets Broker  
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis Harmonic Patterns Chart Patterns GBPJPY GBP jpy gbpjpylong gbpjpyshort Forex forextrading forexsignals
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trendanalysis harmonicpatterns chartpattern gbpjpy gbp jpy gbpjpylong gbpjpyshort forex forextrading forexsignals
GBPJPY is approaching our first resistance at 143.39 (horizontal pullback resistance, 23.6%, 38.2% fibonacci retracement, 61.8% fibonacci extension) and a strong drop might occur below this level pushing price down to our major support at 139.30 (horizontal swing low support, 100% fibonacci extension, elliot wave structure).
Stochastic (89,5,3) is also approaching resistance and a reaction below this level might see a corresonding drop in price.
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