GBPJPY Technical Analysis 05.07.2023 1h chart
– Previous Daily candle closed weak Doji Bullish at 183.590 as the Daily consolidating.
– Buys on close above 183.920 targeting Daily previous Support formed on 3rd December 2015 at 184.250, Leaving Runners to the Weekly previous Support formed on 30th November 2015 at 184.610.
– Sells on close below 183.300 targeting 4h previous Resistance formed at 182.860, Leaving Runners to the Daily Support formed at 182.480.
– Overall price is still Consolidating within the Daily timeframe as there has been less volume in the market.
– Buys on close above 183.920 targeting Daily previous Support formed on 3rd December 2015 at 184.250, Leaving Runners to the Weekly previous Support formed on 30th November 2015 at 184.610.
– Sells on close below 183.300 targeting 4h previous Resistance formed at 182.860, Leaving Runners to the Daily Support formed at 182.480.
– Overall price is still Consolidating within the Daily timeframe as there has been less volume in the market.
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