Hello everyone,
A good opportunity has been detected on the GBP/JPY pair.
After strong upward movement on the GBP/JPY, the price
found resistance on a strong resistance area, pulled back and is
currently correcting to the downside.
We are expecting the price to reach approximately the 136.55
price level, where we have a 38.2% Fibonacci retracement level,
an inside support point, as well as the 50 Moving Average.
A good opportunity has been detected on the GBP/JPY pair.
After strong upward movement on the GBP/JPY, the price
found resistance on a strong resistance area, pulled back and is
currently correcting to the downside.
We are expecting the price to reach approximately the 136.55
price level, where we have a 38.2% Fibonacci retracement level,
an inside support point, as well as the 50 Moving Average.