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SalimFX20

GBPJPY Technical Analysis 16th February 2024 1h chart

British Pound / Japanese Yen (FX:GBPJPY)  
SalimFX20  
FX:GBPJPY   British Pound / Japanese Yen
Beyond Technical Analysis GBPJPY gj Forex fx signals breakdownanalysis marketanalystsalim
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– Thursday Daily candle closed weak Bearish with 90 Pip rejection wick to the downside as price reject the previous consolidation zone formed in January on the Daily timeframe, I’ll be looking for potential Buys above 189.220 targeting 4h Resistance at 189.700 and anticipating for a potential Wick fill of the current Weekly high at 190.090. I’ll be looking for potential Sells below 188.590 targeting 1h Support at 188.230 and and potential Daily wick fill from Thursday at 187.290.
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