GBPJPY Technical Analysis 24.01.2024 1h chart
– Previous Daily candle closed Doji Bullish around 188.160 rejecting the previous Weekly High.
– Buys on close above 188.530 targeting Wick Fill of the previous Weekly High around 188.930, Leaving Runners to the previous Weekly Support formed on 13th July 2015 around 189.330.
– Sells on close below 187.530 targeting previous Monthly Resistance formed in December 2023 around 187.000, Leaving Runners to the previous 1h Resistance formed on 17th January 2024 around 186.370.
– High Impact News ahead of the London session for the Pound Sterling, We have Flash Manufacturing PMI and Flash Services PMI, High Volatility expected during the London session.
– Buys on close above 188.530 targeting Wick Fill of the previous Weekly High around 188.930, Leaving Runners to the previous Weekly Support formed on 13th July 2015 around 189.330.
– Sells on close below 187.530 targeting previous Monthly Resistance formed in December 2023 around 187.000, Leaving Runners to the previous 1h Resistance formed on 17th January 2024 around 186.370.
– High Impact News ahead of the London session for the Pound Sterling, We have Flash Manufacturing PMI and Flash Services PMI, High Volatility expected during the London session.