GBPJPY Technical Analysis 28.03.2023 1h chart
– Previous Daily candle closed Bullish at 161.540 forming new Daily Support at 159.800 as price forms fakeout on the Daily timeframe closing back within the consolidation zone.
– Buys on close above 161.770 targeting 30min previous Support formed on 22nd March 2023 at 162.240, Leaving Runners to the next 30min previous Support formed on 22 March 2023 at 162.600.
– Sells on close below 161.310 targeting 30min Support at 161.030, Leaving Runners to the 1h previous Resistance formed at 160.740.
– Bank Of Japan Governor Kuroda due speak at the FIN/SUM 2023 in Tokyo Pre London open, During the London session we have Bank Of England Governor Bailey due to testify, along with Deputy Governor David Ramsden, about the collapse of Silicon Valley Bank before the Treasury Select Committee, in London.
– Buys on close above 161.770 targeting 30min previous Support formed on 22nd March 2023 at 162.240, Leaving Runners to the next 30min previous Support formed on 22 March 2023 at 162.600.
– Sells on close below 161.310 targeting 30min Support at 161.030, Leaving Runners to the 1h previous Resistance formed at 160.740.
– Bank Of Japan Governor Kuroda due speak at the FIN/SUM 2023 in Tokyo Pre London open, During the London session we have Bank Of England Governor Bailey due to testify, along with Deputy Governor David Ramsden, about the collapse of Silicon Valley Bank before the Treasury Select Committee, in London.