GBP/JPY approaching resistance, potential drop!

Trading Recommendation

Entry: 144.432

Reason for Entry: 50% fibonacci retracement, 100% fibonacci extension

Take Profit : 141.280

Reason for Take Profit: Horizontal overlap support, 76.4% fibonacci retracement

Stop Loss: 146.546

Reason for Stop loss:

78.6% fibonacci retracement, Horizontal swing high resistance