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