GBPJPY Testing Descending Trendline Resistance | 11 June 2021

GBPJPY reacting below descending trendline resistance and 61.8% Fibonacci retracement level at 155.107. A short term intraday drop towards graphical overlap support and Fibonacci confluence zone at 154.826 could be possible. Stochastic is testing resistance where price pulled back in the past as well.

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