GBPJPY Technical Analysis 19.12.2023 1h chart
– Previous Daily candle closed small Bullish around 180.550 within the recent Daily range as price consolidates on the lower timeframe.
– Buys on close above 181.100 targeting 4h Resistance around 181.560, Leaving Runners to the 30min Resistance formed around 181.950.
– Sells on close below 180.070 targeting 1h previous Resistance formed on 14th December 2023 around 179.370, Leaving Runners to the 1h Support formed around 179.010.
– High Impact News ahead of the Asian session for the Japanese Yen for review on interest rates, Monetary Policy Meeting Minutes, Monetary Policy Statement, Bank Of Japan Policy Rate followed by Bank Of Japan Press Conference, High Volatility expected
– Buys on close above 181.100 targeting 4h Resistance around 181.560, Leaving Runners to the 30min Resistance formed around 181.950.
– Sells on close below 180.070 targeting 1h previous Resistance formed on 14th December 2023 around 179.370, Leaving Runners to the 1h Support formed around 179.010.
– High Impact News ahead of the Asian session for the Japanese Yen for review on interest rates, Monetary Policy Meeting Minutes, Monetary Policy Statement, Bank Of Japan Policy Rate followed by Bank Of Japan Press Conference, High Volatility expected