SalimFX20

GBPJPY Technical Analysis 13th March 2024 1h chart

FX:GBPJPY   British Pound / Japanese Yen
– Tuesday Daily candle closed Bullish at 188.800 forming Daily Support formed around 188.210. I’ll be looking for potential Buys on close above 189.140 targeting 4h Resistance around 189.580 and previous 4h Support formed on 6th March 2024 around 190.040. I’ll be looking for potential Sells below 188.370 targeting 30min Support around 187.970 and previous 4h Resistance formed on 2nd February 2024 around 187.500. High Impact News ahead of the London session open for the Pound Sterling GDP m/m, High volatility expected.

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