SalimFX20

GBPJPY Technical Analysis 06.12.2023 1h chart

FX:GBPJPY   British Pound / Japanese Yen
– Previous Daily candle closed Bearish around 185.280 below Daily Support formed on 21st November 2023.
– Buys on close above 186.120 targeting 1h Resistance formed around 186.660, Leaving Runners to the Daily Resistance formed around 187.040.
– Sells on close below 185.060 targeting 4h Support formed around 184.600, Leaving Runners to the previous Daily Resistance formed on 23rd November 2023 around 184.210.
– Medium Impact News ahead of the London session for the Pound Sterling for Construction PMI, Bank Of England Governor Andrew Bailey due to hold a press conference about the Financial Stability Report in London.

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