GBPJPY Technical Analysis 10.11.2023 1h chart
– Previous Daily candle closed Bearish around 184.930 forming Daily Resistance around 185.420 as price consolidate on Daily timeframe within the current Weekly candle.
– Buys on close above 185.320 targeting 4h Resistance formed around 185.780, Leaving Runners to the Weekly Rejection formed on 28th August 2023 around 186.060.
– Sells on close below 184.640 targeting previous Daily Resistance formed on 1st November 2023 around 184.220, Leaving Runners to the 1h previous Resistance formed on 2nd November 2023 around 183.750.
– High Impact News ahead of the Pound Sterling before London Open, GDP m/m and Prelim GDP q/q, High Volatility expected during the London session open.
– Buys on close above 185.320 targeting 4h Resistance formed around 185.780, Leaving Runners to the Weekly Rejection formed on 28th August 2023 around 186.060.
– Sells on close below 184.640 targeting previous Daily Resistance formed on 1st November 2023 around 184.220, Leaving Runners to the 1h previous Resistance formed on 2nd November 2023 around 183.750.
– High Impact News ahead of the Pound Sterling before London Open, GDP m/m and Prelim GDP q/q, High Volatility expected during the London session open.