GBPJPY Technical Analysis 23.05.2023 1h chart
– Previous Daily candle closed Bullish at 172.320 forming new Daily Support at 171.680 as price breaks above the Daily Resistance formed last Friday.
– Buys on close above 172.500 targeting Weekly Resistance formed at 172.900, Leaving Runners to the 4h Resistance formed on 3rd February 2016 at 173.300.
– Sells on close below 172.050 targeting 30min Support at 171.740, Leaving Runners to the 4h Support formed at 171.460.
– High Impact News for the Pound Sterling during the London session for Flash Manufacturing PMI and Flash Services PMI.
– Buys on close above 172.500 targeting Weekly Resistance formed at 172.900, Leaving Runners to the 4h Resistance formed on 3rd February 2016 at 173.300.
– Sells on close below 172.050 targeting 30min Support at 171.740, Leaving Runners to the 4h Support formed at 171.460.
– High Impact News for the Pound Sterling during the London session for Flash Manufacturing PMI and Flash Services PMI.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.