FX.co - GBP/JPY approaching resistance, potential drop!

2019-12-30T05:38:38

Relevance until2019-12-31

Trading Recommendation

Entry: 142.875

Reason for Entry: breakout level

Take Profit : 1.27253

Reason for Take Profit:

38.2% Fibonacci retracement, horizontal swing low support

Stop Loss: 144.223

Reason for Stop loss:

Horizontal swing high resistance, 61.8% Fibonacci retracement

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

Analytical expert

Dean Leo

FX.co ★ GBP/JPY approaching resistance, potential drop!