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GBPJPY testing major resistance, potential plunge!

Short
British Pound / Japanese Yen (FX:GBPJPY)  
easyMarkets Broker  
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis Harmonic Patterns Chart Patterns GBPJPY GBP jpy Forex forexsignals USD usdx dollar trading
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trendanalysis harmonicpatterns chartpattern gbpjpy gbp jpy forex forexsignals usd usdx dollar trading
GBPJPY is testing major resistance at 149.86 (Fibonacci retracement, Fibonacci extension, horizontal overlap resistance) and a strong reaction could occur at this level to push prices down to major support at 147.14 (Fibonacci extension, horizontal swing low support).
Stochastic (55,5,3) is seeing major resistance at 94% where a corresponding reaction could occur.

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