GBPJPY Technical Analysis 24.08.2023 1h chart
– Previous Daily candle closed strong Bearish at 184.220 respecting Daily Resistance formed on Tuesday and breaking below Daily Support formed on Monday this week.
– Buys on close above 184.470 targeting 30min Resistance at 185.050, Leaving Runners to the 4h Resistance formed at 185.700.
– Sells on close below 183.500 targeting Daily previous Resistance formed on 2nd August 2023 at 183.070, Leaving Runners to the 4h Support formed at 182.510.
– Sells have been predicted from the beginning of the week, Weekly current Rejection level is a strong Monthly and Weekly Resistance formed in November 2015.
– Buys on close above 184.470 targeting 30min Resistance at 185.050, Leaving Runners to the 4h Resistance formed at 185.700.
– Sells on close below 183.500 targeting Daily previous Resistance formed on 2nd August 2023 at 183.070, Leaving Runners to the 4h Support formed at 182.510.
– Sells have been predicted from the beginning of the week, Weekly current Rejection level is a strong Monthly and Weekly Resistance formed in November 2015.
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