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GBPJPY Technical Analysis 24.11.2023 1h chart

Livre sterling / Yen japonais (FX:GBPJPY)  
SalimFX20  
FX:GBPJPY   Livre sterling / Yen japonais
Beyond Technical Analysis GBPJPY gj Forex fx signals breakdownanalysis marketanalystsalim
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– Previous Daily candle closed Bullish around 187.380 as price approaches the previous Weekly Rejection formed around 188.280.
– Buys on close above 187.650 targeting Daily Resistance around 187.910, Leaving Runners to the 1h Resistance formed around 188.230.
– Sells on close below 187.170 targeting 4h previous Resistance formed around 186.830, Leaving Runners to the 4h Support formed around 186.400.
– Ideally is to allow the Asian session to form a consolidation zone and wait for High Volume time with a strong confirmation.
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