GBPJPY Technical Analysis 27.03.2023 1h chart
– Previous Weekly candle closed Bearish at 159.800, Friday Daily candle also closed Bearish as it broke below recent Daily Support formed on Monday 20th March 2023.
– Buys on close above 160.030 targeting 1h previous Support formed on 23rd March 2023 at 160.390, Leaving Runners to the 1h Resistance formed at 160.770.
– Sells on close below 159.270 targeting 4h Support at 158.950, Leaving Runners to the Monthly Support formed in January 2023 at 158.420.
– Bank Of England Governor Andrew Bailey due to speak at the London School of Economics after the London session close.
– Buys on close above 160.030 targeting 1h previous Support formed on 23rd March 2023 at 160.390, Leaving Runners to the 1h Resistance formed at 160.770.
– Sells on close below 159.270 targeting 4h Support at 158.950, Leaving Runners to the Monthly Support formed in January 2023 at 158.420.
– Bank Of England Governor Andrew Bailey due to speak at the London School of Economics after the London session close.