GBPJPY Technical Analysis 30th August 2024 1h chart
– Thursday Daily candle closed weak Bullish around 190.920 within the Daily Range as price continue to Consolidate below 191.800. I’ll be looking for potential Buys above 191.320 targeting 4h Resistance at 191.740 Leaving Runners to the 4h previous Resistance formed on 1st August 2024 around 192.370. I’ll be looking for potential Sells below 190.340 targeting 4h Support at 189.860 Leaving Runners to the 4h Strong Support formed on 19th August 2024 around 189.340. The Analysis kept the same as the ones posted for Thursday as price ranged within the No Trade Zone identified on the previous Daily Analysis so ideally is to wait for a strong confirmation for price to break out of the Range.