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Klimex

GBPJPY Approaching Resistance, Prepare For A Reversal

Short
British Pound / Japanese Yen (FX:GBPJPY)  
Klimex  
FX:GBPJPY   British Pound / Japanese Yen
Trend Analysis Harmonic Patterns Chart Patterns GBP jpy GBPJPY forexsignals
25
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trendanalysis harmonicpatterns chartpattern gbp jpy gbpjpy forexsignals
GBJPY is approaching its resistance at 148.83 (100%Fibonacci extension, horizontal swing high resistance, 78.6% Fibonacci retracement ) where it is expected to reverse down to its support at 147.58 ( 23.6% Fibonacci retracement, horizontal pullback support).
Stochastic (89, 5, 3) is approaching its resistance where a corresponding reversal is expected.
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