FX.co - GBPJPY facing bearish pressure, potential reversal!

2020-07-23T07:32:21

Relevance until2020-07-24

Trading Recommendation

Entry: 137.054

Reason for Entry: 78.6% fibonacci extension and -27.2% fibonacci retracement

Take Profit: 135.333

Reason for Take Profit: Horizontal overlap support, 61.8% fibonacci retracement

Stop Loss: 137.866

Reason for Stop Loss: 100% fibonacci extension

*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 ★ GBPJPY facing bearish pressure, potential reversal!