GBPJPY Technical Analysis 30th September 2024 1h chart
– Previous Weekly candle closed Bearish at 190.080 forming Weekly Resistance at 191.620 leaving huge 430 Pip Rejection Wick to the upside. Friday Daily candle also closed strong Bearish forming Daily Resistance at 194.130. I’ll be looking for potential Buys above 190.500 targeting 1h previous Support formed at 191.020 Leaving Runners to the 1h Strong Resistance around 191.770. I’ll be looking for potential Sells below 189.800 targeting 4h Support at 189.020 Leaving Runners to the 1h Support formed on 19th September this year around 188.520. As Friday Daily candle has been extremely Bearish a pull back to the upside is expected to correct part of the Bearish move.
