GBPJPY Technical Analysis 6th September 2024 1h chart
– Thursday Daily candle closed weak Bullish at 189.070 forming weak Daily Support at 188.830. I’ll be looking for potential Buys above 189.360 targeting 4h previous Support formed on 26th August 2024 around 189.820 Leaving Runners to the Hourly Resistance around 190.400. I’ll be looking for potential Sells below 188.740 targeting 4h Support at 188.330 Leaving Runners to the next 4h Support formed around 187.780. So far the Weekly trending Bearish forming Rejection Wick to the upside so there is a good probability for price to form Weekly Resistance at 191.770.