Get started
SalimFX20

GBPJPY Technical Analysis 05.12.2023 1h chart

British Pound / Japanese Yen (FX:GBPJPY)  
SalimFX20  
FX:GBPJPY   British Pound / Japanese Yen
Beyond Technical Analysis GBPJPY gj Forex fx signals breakdownanalysis marketanalystsalim
2
0
beyondta gbpjpy gj forex fx signals breakdownanalysis marketanalystsalim
– Previous Daily candle closed weak Bearish around 185.910 rejecting the Daily Consolidation Zone formed at the beginning of November.
– Buys on close above 186.160 targeting 1h Resistance formed around 186.660, Leaving Runners to the Daily Resistance formed around 187.040.
– Sells on close below 185.400 targeting 4h Support formed around 185.060, Leaving Runners to the 30min Support formed around 184.650.
– As Monday Daily candle closed Weak Bearish there is still a probability for price to retest the Rejection Area.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.