SalimFX20

GBPJPY Technical Analysis 29.11.2023 1h chart

FX:GBPJPY   British Pound / Japanese Yen
– Previous Daily candle closed small Bearish around 187.130 as price ranged on the 4h timeframe.
– Buys on close above 187.780 targeting Daily Resistance formed around 188.300, Leaving Runners to the 1h Resistance formed around 188.600.
– Sells on close below 187.040 targeting 1h Support around 186.650, Leaving Runners to the 4h Support formed around 186.390.
– Bank Of England Governor Andrew Bailey due to deliver brief remarks at an event celebrating the 50th anniversary of the London Foreign Exchange Joint Standing Committee.

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