GBPJPY Technical Analysis 3rd October 2024 1h chart
– Wednesday Daily candle closed strong Bullish at 194.310 closing within Daily Resistance formed on Thursday last week. I’ll be looking for potential Buys above 194.450 targeting 4h Resistance formed at 195.150 Leaving Runners to the Hourly Resistance formed at 195.760. I’ll be looking for potential Sells below 193.640 targeting 4h previous Resistance formed at 193.050 Leaving Runners to the recent 15min Support formed at 192.340. currently Weekly candle approaching previous Weekly Rejection High, would be important to pay attention to how price would react within the top the Weekly Rejection.