FX.co - GBP/JPY approaching support, potential bounce!

2020-05-27T02:42:19

Relevance until2020-05-28

Trading Recommendation

Entry: 131.744

Reason for Entry: horizontal pullback support, 61.8% fibonacci retracement and 78.6% fibonacci extension

Take Profit: 133.189

Reason for Take Profit: Horizontal swing high resistance

Stop Loss: 130.744

Reason for Stop loss: Horizontal swing low support

*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 support, potential bounce!