GBPJPY Technical Analysis 26.05.2023 1h chart
– Previous Daily candle closed Doji Bullish at 172.490 as the price keeps on ranging.
– Buys on close above 172.790 targeting 4h Resistance formed on 3rd February 2016 at 173.300, Leaving Runners to the 4h Rejection wick formed on the 3rd February 2016 aswell.
– Sells on close below 171.960 targeting Daily Support formed at 171.650, Leaving Runners to the 4h Support formed at 171.340.
– High Impact News at the Pre Asian session for Japanese Yen for Tokyo Core CPI y/y. We also have Retail Sales m/m data for the Pound Sterling before London open.
– Buys on close above 172.790 targeting 4h Resistance formed on 3rd February 2016 at 173.300, Leaving Runners to the 4h Rejection wick formed on the 3rd February 2016 aswell.
– Sells on close below 171.960 targeting Daily Support formed at 171.650, Leaving Runners to the 4h Support formed at 171.340.
– High Impact News at the Pre Asian session for Japanese Yen for Tokyo Core CPI y/y. We also have Retail Sales m/m data for the Pound Sterling before London open.
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