GBPJPY Technical Analysis 26.07.2023 1h chart
– Previous Daily candle closed small Bullish at 181.730 forming Daily Support at 181.370
– Buys on close above 181.930 targeting 4h Resistance at 182.280, Leaving Runners to the 1h Resistance formed at 182.540.
– Sells on close below 181.590 targeting 4h Support at 181.250, Leaving Runners to the next 4h Support at 180.950.
– Ideally is to wait for price to break out of the zone during High Volume session like Pre London / London Open leading to NY session.
– Buys on close above 181.930 targeting 4h Resistance at 182.280, Leaving Runners to the 1h Resistance formed at 182.540.
– Sells on close below 181.590 targeting 4h Support at 181.250, Leaving Runners to the next 4h Support at 180.950.
– Ideally is to wait for price to break out of the zone during High Volume session like Pre London / London Open leading to NY session.
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