GBPJPY Technical Analysis 20.11.2023 1h chart
– Previous Weekly candle closed Bullish at 186.420 leaving a Rejection wick to the upside around 188.290, Friday Daily candle closed Bearish as price retested the recent Daily consolidation zone.
– Buys on close above 186.600 targeting 4h Resistance around 187.010, Leaving Runners to the 4h previous Support formed around 187.420.
– Sells on close below 186.120 targeting 4h Support around 185.650, Leaving Runners to the next 4h Support formed around 185.140.
– Bank Of England Governor Andrew Bailey due to speak at the Henry Plumb Memorial Lecture in England.
– Buys on close above 186.600 targeting 4h Resistance around 187.010, Leaving Runners to the 4h previous Support formed around 187.420.
– Sells on close below 186.120 targeting 4h Support around 185.650, Leaving Runners to the next 4h Support formed around 185.140.
– Bank Of England Governor Andrew Bailey due to speak at the Henry Plumb Memorial Lecture in England.