SalimFX20

GBPJPY Technical Analysis 15th February 2024 1h chart

FX:GBPJPY   British Pound / Japanese Yen
– Wednesday Daily candle closed Bearish forming Daily Resistance at 189.800, I’ll be looking for potential Buys above 189.300 targeting 4h Resistance at 189.700 and leaving Runners to fill the current Weekly high at 190.090. I’ll be looking for potential Sells below 188.760 targeting 4h Support at 188.420 and Hourly Support at 187.920. As Daily formed Resistance there is a probability for price to retest recent Daily Range around 188.800 and form Support before retesting the recent Highs.

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