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Ja3bari

GBPJPY is testing resistance at a Fibonacci level of 61.8%

Short
British Pound / Japanese Yen (FX:GBPJPY)  
Ja3bari  
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis Fibonacci GBPJPY pound yen short analysis
3
0
trendanalysis fibonacci gbpjpy pound yen short analysis
The pair has greatly jumped around 250 pips today and is currently testing strong resistance at the price 145.5. If the price is going to break the 61.7% resistance then it might go up to around 147. On the other hand, if sellers were able to turn the direction of the trend then it will be heading below 140, hopefully.
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