GBPJPY Technical Analysis 17.05.2023 1h chart
– Previous Daily candle closed Bearish at 170.200 forming new Daily Resistance around 170.500.
– Buys on close above 170.670 targeting Weekly Resistance at 171.080, Leaving Runners to the 1h Resistance formed at 171.550.
– Sells on close below 170.030 targeting 1h Support at 168.520, Leaving Runners to the next 1h Support formed at 169.300.
– Bank Of England Governor Andrew Bailey due to speak at the British Chambers of Commerce Global Annual Conference in London during the London session.
– Buys on close above 170.670 targeting Weekly Resistance at 171.080, Leaving Runners to the 1h Resistance formed at 171.550.
– Sells on close below 170.030 targeting 1h Support at 168.520, Leaving Runners to the next 1h Support formed at 169.300.
– Bank Of England Governor Andrew Bailey due to speak at the British Chambers of Commerce Global Annual Conference in London during the London session.
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