GBPJPY Technical Analysis 7th October 2024 1h chart

GBPJPY Technical Analysis 7th October 2024 1h chart
– Previous Weekly candle closed strong Bullish at 195.030 breaking and closing above recent Weekly Resistance and forming new Weekly Support at 190.110. Friday Daily candle closed also Bullish forming Daily Support at 192.600. I’ll be looking for potential Buys above 195.530 targeting Monthly Wick Fill for September at 196.000 Leaving Runners to the 4h previous Support formed on 25th July 2024 around 196.650. I’ll be looking for potential Sells below 194.380 targeting 1h previous Rejection formed at 193.500 Leaving Runners to the 4h previous Rejection formed at 192.850. As Weekly closed strong Bullish above Weekly recent Resistance there is a good probability for price to continue Bullish filling Previous Monthly High and retesting 203s (Monthly Resistance).