ICmarkets

GBPJPY Approaching Resistance, Potential Reversal

Short
FX:GBPJPY   British Pound / Japanese Yen
GBPJPY is approaching its resistance at 142.84 (100% Fibonacci extension, 23.6% & 38.2% Fibonacci retracement, horizontal overlap resistance) where it is has a potential to reverse down to its support at 141.63 (horizontal swing low support).

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