GBPJPY Technical Analysis 30.11.2023 1h chart
– Previous Daily candle closed small Bearish around 186.860 as price remain within the recent 4h consolidation zone.
– Buys on close above 187.170 targeting 1h Resistance formed around 187.500, Leaving Runners to the 1h strong Resistance formed around 187.840.
– Sells on close below 186.620 targeting 1h Strong Support formed around 186.320, Leaving Runners to the 4h Support formed around 185.890.
– Ideally is to allow the Asian session to consolidate and wait for high volume time around the Pre London / London Open leading to New York session.
– Buys on close above 187.170 targeting 1h Resistance formed around 187.500, Leaving Runners to the 1h strong Resistance formed around 187.840.
– Sells on close below 186.620 targeting 1h Strong Support formed around 186.320, Leaving Runners to the 4h Support formed around 185.890.
– Ideally is to allow the Asian session to consolidate and wait for high volume time around the Pre London / London Open leading to New York session.