Klimex

GBPJPY bounced off Support, Prepare For A further rise

Long
FX:GBPJPY   British Pound / Japanese Yen
GBPJPY bounced off its support at 144.81(100% Fibonacci extension ,horizontal swing low support, 76.4% Fibonacci retracement ) where it could potentially bounce to its resistance at 146.02(50% Fibonacci retracement , horizontal swing high resistance, 61.8% Fibonacci extension ).
Stochastic (89, 5, 3) is approaching its support at 3% where a corresponding bounce could occur.

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