GBPJPY Technical Analysis 28th October 2024 1h chart
– Previous Weekly candle closed strong Bullish at 197.350 breaking above the Daily Range, Friday Daily candle closed weak Bullish within Thursday Daily Resistance. I’ll be looking for potential Buys above 197.560 targeting 4h Resistance at 198.260 Leaving Runners to the next 4h Resistance around 198.890. I’ll be looking for potential Sells below 197.120 targeting 4h Support at 196.680 Leaving Runners to the Friday Low formed at 196.370 for a retest. As Weekly closed Bullish there is a good probability for price to continue Bullish as we have clean traffic to the left on the Weekly timeframe.