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GBPJPY Testing Support, Potential Bounce

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FX:GBPJPY   Brittiska pund/Japanska yen
GBPJPY is approaching its support at 144.30 (100% Fibonacci extension, 76.4% Fibonacci retracement, horizontal overlap support) where price could potentially bounce up to its resistance at 145.93 (38.2% Fibonacci retracement, horizontal pullback resistance). Stochastic (89, 5, 3) is testing its support at 2.7% where a corresponding bounce could occur.

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