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

2020-04-24T06:03:24

Relevance until2020-04-25

Trading Recommendation

Entry: 134.713

Reason for Entry: horizontal swing high resistance, 2.618% fibonacci extension, 50% fibonacci retracement

Take Profit : 124.619

Reason for Take Profit: horizontal swing low support

Stop Loss: 139.311

Reason for Stop loss: Horizontal pullback 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!