GBP/JPY approaching support, big potential bounce coming!!

Price is approaching our first support level.
Entry : 137.65
Why it's good : Horizontal swing low support, 61.8% Fibonacci retracement, 61.8% Fibonacci extension
Stop Loss : 136.29
Why it's good : 100% Fibonacci extension
Take Profit : 139.61
Why it's good : 50% Fibonacci retracement, horizontal overlap resistance, 100% Fibonacci extension

Analysis are provided by InstaForex