– I’ll be looking for potential Buys above 199.980 targeting Daily Rejection formed at 200.380 Leaving Runners to the previous 4h Resistance formed on 23rd July 2024 around 200.980.
– I’ll be looking for potential Sells below 199.400 targeting 4h Strong Support formed at 198.960 Leaving Runners to the Daily Strong Support formed at 198.500.
– Despite a bullish close on the daily candle for GBP/JPY, the pair remains stuck in a messy range. We still need more volume to trigger a breakout, and with this range lingering for weeks, the next direction is still uncertain. Stay tuned!