19.07.201907:36 Analytische Bewertungen Forex: GBP/JPY approaching resistance, potential reversal!

Long-term review

GBPJPY is approaching resistance where we might be seeing a reversal below this level.

Entry: 135.31

Why it's good : horizontal overlap resistance, 61.8% Fibonacci extension, 61.8% Fibonacci retracement

Stop Loss : 135.89

Why it's good : 78.6% Fibonacci retracement, Horizontal swing high resistance

Take Profit : 134.60

Why it's good: Horizontal overlap support, 50% Fibonacci retracement

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Viele Grüße,
Analytiker: Dean Leo
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