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CesarMalacon

gbpjpy facing tough levels at 147.900

British Pound / Japanese Yen (FX:GBPJPY)  
CesarMalacon  
FX:GBPJPY   British Pound / Japanese Yen
Support and Resistance Trend Lines Chart Patterns
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supportandresistance trendline chartpattern
On the verge of the descending channel for several candles now. The last candle is pushing up. The price level seats around Fib. 50% from the longer trend. It looks like if it should continue to reach the channel's support, however, it is testing the resistance.
The Stoch is high also flirting with a move down.

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