Klimex

GBPJPY Approaching Support, Potential Bounce

Long
FX:GBPJPY   British Pound / Japanese Yen
GBPJPY is approaching its support at 141.12 (61.8% Fibonacci extension, horizontal swing low support) where it could potentially bounce to its resistance at 143.59 (100% Fibonacci extension , 50% Fibonacci retracement).

Stochastic (89, 5, 3) is approaching its support at 1.7% where a corresponding bounce could occur.

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