GBPJPY is approaching key support, potential bounce
Price is approaching support at 149.704 which in line with 141.4% Fibonacci extension and 78.6% Fibonacci retracement . It could potentially bounce from support and rise further to resistance at 153.443 in line with our 50% Fibonacci extension . Otherwise price may continue to bearish to stop loss at 148.458 in line with Horizontal swing low.
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