GBPJPY Approaching Resistance, Prepare For A Reversal

GBJPY is approaching its resistance at 148.83 (100%Fibonacci extension, horizontal swing high resistance, 78.6% Fibonacci retracement ) where it is expected to reverse down to its support at 147.58 ( 23.6% Fibonacci retracement, horizontal pullback support).
Stochastic (89, 5, 3) is approaching its resistance where a corresponding reversal is expected.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.