SalimFX20

GBPJPY Technical Analysis 01.12.2023 1h chart

FX:GBPJPY   British Pound / Japanese Yen
– Previous Daily candle closed weak Bullish around 187.010 forming weak Daily Support around 186.850.
– Buys on close above 187.580 targeting Daily Resistance formed around 188.220, Leaving Runners to the 1h Resistance formed around 188.670.
– Sells on close below 186.400 targeting 4h Support formed around 185.890, Leaving Runners to the Daily Support formed around 185.450.
– There is a good probability to see Friday Daily candle closing Bearish as weak Daily Support has been formed on Thursday.

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.