GBPJPY Approaching Support, Potential Bounce
GBPJPY is approaching its support at 142.53 (100% Fibonacci extension, 76.4% Fibonacci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 146.23 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing high resistance). Stochastic (89, 5, 3) is approaching its support at 1.7% where a corresponding bounce could occur.
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