GBP/JPY Testing Its Support, Prepare For A Bounce

GBP/JPY Testing Its Support, Prepare For A Bounce

GBP/JPY is testing its support at 148.99 (78.6% Fibonacci retracement, 61.8% Fibonacci extension, horizontal swing low support) where we expect to see a bounce, causing the price to rise to its resistance at 150.18 (61.8% Fibonacci extension, horizontal overlap resistance). Stochastic (89, 5, 3) is testing its support at 1.90% where a corresponding reaction is […]

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