Get started
ICmarkets

GBPJPY Approaching Support, Potential Bounce!

Long
British Pound / Japanese Yen (FX:GBPJPY)  
ICmarkets Broker  
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis Harmonic Patterns Chart Patterns GBPJPY GBP jpy gbpjpylong EUR aud CAD
100
0
trendanalysis harmonicpatterns chartpattern gbpjpy gbp jpy gbpjpylong eur aud cad
GBPJPY is approaching its support 146.98 (100% Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap support) where price could rise to its resistance at 148.53 (61.8% Fibonacci retracement, horizontal overlap resistance).
Stochastic (89, 5, 3) is approaching its support at 4.3% where a corresponding bounce could occur.
IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.