GBPJPY Bounced Off Support, Potential For A Further Rise
GBPJPY bounced nicely off its support at 145.63 (100% Fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap support) where it could potentially bounce to its resistance at 147.14 (50% Fibonacci retracement, horizontal pullback resistance).
Stochastic (89, 5, 3) is bounced off its support at 2.7% where a corresponding rise could occur.
Stochastic (89, 5, 3) is bounced off its support at 2.7% where a corresponding rise could occur.
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