GBPJPY Technical Analysis 8th October 2024 1h chart
– Monday Daily candle closed Bearish at 193.830 as Weekly candle retrace to form bottom wick. I’ll be looking for potential Buys above 194.180 targeting 4h Resistance formed at 194.820 Leaving Runners to the 1h Strong Resistance formed at 195.400. I’ll be looking for potential Sells below 193.350 targeting 30min Support formed at 192.720 Leaving Runners to the 4h Support formed at 191.960. Overall price still ranging on the Daily timeframe so ideally is to wait a for a good confirmation during high volume time.