GBPJPY tested its resistance, potential to drop further!

Обновлено
GBPJPY reacted off its resistance at 150.852 (61.8% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap resistance) where it could potentially fall to its 1st support at 148.888 (100% Fibonacci extension, 61.8% Fibonacci retracement). If it breaks past this level it could fall to its 2nd support at 147.926 (100% Fibonacci extension). We have also identified another resistance at 151.679 (100% Fibonacci extension).

Stochastic (89, 5, 3) had a corresponding reaction off its resistance at 96.3% where it has a lot of downside potential. A bearish divergence with price has also been identified, which contributes to our bearish bias.
Сделка закрыта: достигнута тейк-профит цена
nice! GBPJPY dropped nicely to our support target!
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