GBPJPY Technical Analysis 15th October 2024 1h chart
– Monday Daily candle closed Bullish at 195.540 closing above recent Daily Resistance as price break out of the Daily Consolidation Zone. I’ll be looking for potential Buys above 195.730 targeting Hourly Resistance formed on 31st July 2024 around 196.370 Leaving Runners to the 4h previous Support formed on 29th July 2024 around 196.910. I’ll be looking for potential Sells below 194.930 targeting current Weekly Open at 194.510 Leaving Runners to the Hourly Strong Support formed at 193.880. High Impact News ahead of the Pre London session open for the Pound Sterling , High Volatility expected at the London open.