GBPJPY Technical Analysis 23.01.2024 1h chart
– Previous Daily candle closed Doji Bullish around 188.160 as price ranged overall across all 3 sessions.
– Buys on close above 188.300 targeting 4h Resistance formed around 188.770, Leaving Runners to the previous Weekly Support formed on 13th July 2015.
– Sells on close below 187.690 targeting 4h Support formed around 187.380, Leaving Runners to the previous Monthly Resistance formed in December last year (2023).
– High Impact News ahead of the Asian session for the Japanese Yen, Starting with Monetary Policy Statement, BOJ Policy Rate, BOJ Outlook Report followed by BOJ Press Conference, High Volatility expected.
– Buys on close above 188.300 targeting 4h Resistance formed around 188.770, Leaving Runners to the previous Weekly Support formed on 13th July 2015.
– Sells on close below 187.690 targeting 4h Support formed around 187.380, Leaving Runners to the previous Monthly Resistance formed in December last year (2023).
– High Impact News ahead of the Asian session for the Japanese Yen, Starting with Monetary Policy Statement, BOJ Policy Rate, BOJ Outlook Report followed by BOJ Press Conference, High Volatility expected.
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