GBPJPY Technical Analysis 30.01.2024 1h chart
– Previous Daily candle closed Bearish around 187.380 breaking below recent Daily Support and forming new Daily Resistance around 188.100.
– Buys on close above 187.560 targeting 1h Resistance formed around 187.920, Leaving Runners to the 4h Resistance formed around 188.230.
– Sells on close below 187.100 targeting 1h previous Resistance formed on 1st December 2023 around 186.670, Leaving Runners to the next 1h previous Resistance formed on 17th January 2024 around 186.250.
– Despite Monday daily candle closing Bearish below recent Daily Support price still trading within the Daily / 4h range.
– Buys on close above 187.560 targeting 1h Resistance formed around 187.920, Leaving Runners to the 4h Resistance formed around 188.230.
– Sells on close below 187.100 targeting 1h previous Resistance formed on 1st December 2023 around 186.670, Leaving Runners to the next 1h previous Resistance formed on 17th January 2024 around 186.250.
– Despite Monday daily candle closing Bearish below recent Daily Support price still trading within the Daily / 4h range.