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Dear Traders
GBPJPY continue the downward direction movement on Wednesdasy. GBPJPY currently trading at 159.77 with 0.21% of negative movement. Technically on 4 hrs chart GBPJPY having a strong resistance at 160.60 and support at 159.50, according to Fibonacci resistance (See image). GBPJPY traders advise to sell below 159.50 with the stop loss of 160.60 and wait for the target price of 157.80.
Thanks
Forexblast
GBPJPY continue the downward direction movement on Wednesdasy. GBPJPY currently trading at 159.77 with 0.21% of negative movement. Technically on 4 hrs chart GBPJPY having a strong resistance at 160.60 and support at 159.50, according to Fibonacci resistance (See image). GBPJPY traders advise to sell below 159.50 with the stop loss of 160.60 and wait for the target price of 157.80.
Thanks
Forexblast
