SalimFX20

GBPJPY Technical Analysis 22.11.2023 1h chart

FX:GBPJPY   British Pound / Japanese Yen
– Previous Daily candle closed Bullish around 186.020 forming Daily Support around 185.460, Rejecting the bottom of the Daily Range formed on the left.
– Buys on close above 186.170 targeting 1h Resistance formed around 186.770, Leaving Runners to the next 1h Resistance formed around 187.130.
– Sells on close below 185.540 targeting 4h Support formed around 185.060, Leaving Runners to the 30min Support formed at 184.640.
– Monetary Policy Report Hearings that could impact the Pound Sterling during the London session.

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