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

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Forex Analysis:::2020-02-17T09:20:42

GBP/JPY approaching resistance, potential drop!

GBP/JPY approaching resistance, potential drop!

Trading Recommendation

Entry: 144.432

Reason for Entry: 100% Fibonacci extension, horizontal swing high resistance, 50% fibonacci retracement

Take Profit : 141.120

Reason for Take Profit: Horizontal swing low support, 78.6%fibonacci retracement, 100% Fibonacci extension

Stop Loss: 145.457

Reason for Stop loss: 61.8% Fibonacci retracement

Analyst InstaForex
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