GBPJPY Technical Analysis 23rd August 2024 1h chart
– Thursday Daily candle closed Bullish around 191.420 closing below recent Daily Resistance formed last Thursday 15th August 2024. I’ll be looking for potential Buys above 191.940 targeting 15min previous Support formed on 1st August 2024 around 192.510 Leaving Runners to the 4h Resistance formed around 193.250. I’ll be looking for potential Sells below 1990.950 targeting 1h previous Resistance formed around 190.520 Leaving Runners to the Hourly Support formed around 190.200. Despite current Daily candles for this week looking rangy if you look at the weekly the Buys probability are much stronger as weekly formed nice bottom wick before the continuation to the upside, Friday trading sessions could possibly be the deal breaker for the continuation to the upside.