GBPJPY Technical Analysis 15.01.2024 1h chart
– Previous Weekly candle closed weak Bullish around 184.680, Friday Daily candle closed Bearish respecting Daily Resistance formed around 185.700.
– Buys on close above 185.140 targeting 4h Resistance formed around 185.540, Leaving Runners to the next 4h Resistance formed around 185.920.
– Sells on close below 184.410 targeting 4h Support formed around 183.870, Leaving Runners to the 1h Support formed around 183.460.
– Ideally is to allow the Asian session to form a new range for the new week ahead and wait for high volume time around the Pre London / London session open.
– Buys on close above 185.140 targeting 4h Resistance formed around 185.540, Leaving Runners to the next 4h Resistance formed around 185.920.
– Sells on close below 184.410 targeting 4h Support formed around 183.870, Leaving Runners to the 1h Support formed around 183.460.
– Ideally is to allow the Asian session to form a new range for the new week ahead and wait for high volume time around the Pre London / London session open.