GBPJPY Technical Analysis 13th September 2024 1h chart
– Thursday Daily candle closed weak Bullish at 186.110 forming Daily Support at 185.330. I’ll be looking for potential Buys above 186.600 targeting 4h previous Support formed at 187.100 Leaving Runners to the 4h Resistance formed at 187.780. I’ll be looking for potential Sells below 185.820 targeting Hourly Support at 185.400 Leaving Runners to the 4h Strong Support formed at 184.900. Weekly retracing and rejecting the downside as anticipated early on the week so more likely the Weekly would either close weak Bearish or form weak Weekly Support as price overall ranging on the Daily timeframe.
