SHORT GBPJPY Reversed Off Resistance, Prepare For Further Drop

GBPJPY reversed off its resistance at 146.45 (100% Fibonacci extension ,50% Fibonacci retracement , horizontal swing high resistance) where it is expected to drop further to its support at 145.18(50% Fibonacci retracement , horizontal overlap support).

Stochastic (55, 5, 3) reversed off its resistance at 95% where a corresponding drop is expected.