GBPJPY Technical Analysis 24th October 2024 1h chart
– Wednesday Daily candle closed strong Bullish at 197.370 breaking out the Daily Consolidation Zone. I’ll be looking for potential Buys above 197.620 targeting 4h Resistance at 198.270 Leaving Runners to the 4h Resistance formed on 30th July 2024 around 198.900. I’ll be looking for potential Sells below 196.880 targeting 1h previous Resistance formed at 196.450 Leaving Runners to the Hourly Support formed at 195.970. High Impact News ahead of the London session open for Flash Manufacturing PMI and Flash Services PMI, High Volatility expected.