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GBPJPY approaching support, potential for bounce

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FX:GBPJPY   İngiliz Sterlini / Japon Yeni
GBPJPY is appraoching support level in line with horizontal pullback support in line with 61.8% Fibonacci retracement and 161.8% Fibonacci extension. Prices might push up towards horizontal swing high resistance in line with 78.6% Fibonacci retracement and 61.8% Fibonacci extension. If prices push down further, prices might take support from horizontal pullback support in line with 78.6% Fibonacci extension and 78.6% Fibonacci retracement. Stochastics is also appraoching 4.58 level, potential for a bounce.
Feragatname

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