SalimFX20

GBPJPY Technical Analysis 8th February 2024 1h chart

FX:GBPJPY   British Pound / Japanese Yen
– Wednesday Daily candle closed Bullish forming Daily Support at 186.300 but price have ranged on the hourly timeframe. I’ll be looking for potential Buys above 187.220 targeting two 4h Supports levels (187.500) and (187.880). I’ll be looking for potential Sells below 186.690 targeting Wednesday Daily Support (186.300) and 1h previous Resistance formed on 1st February 2024 around 185.780.

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