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

2020-01-23T07:13:32

Relevance until2020-01-24

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

*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!