FXCM

GBPJPY approaching support, potential bounce | 11 May 2020

Long
FX:GBPJPY   British Pound / Japanese Yen
Price is approaching a key support in line with our 50% fibonacci retracement and 100% fibonacci extension where we could see a bounce above this level to our first resistance level. Stochastic is approaching resistance as well. Do leave a comment on what currency pair you would like to see next. Attached is the written version, do check that out as well! Cheers!


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