GBPYJPY is expected to reverse from its downside confirmation at 139.667, which is in line with our 23.6% Fibonacci retracement, where it could potentially drop further to 139.005 which is our take profit level in line with our 50% retracement. It is worth noting that the Stochastic indicator is pulling back from the resistance level at 94.01.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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