GBPJPY Bounced Off Support, Potential For A Further Rise
GBPJPY bounced nicely off its support at 145.63 (100% Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap support) where it could potentially bounce to its resistance at 147.14 (50% Fibonacci retracement, horizontal pullback resistance).
Stochastic (89, 5, 3) is bounced off its support at 2.7% where a corresponding rise could occur.
Stochastic (89, 5, 3) is bounced off its support at 2.7% where a corresponding rise could occur.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.