GBPJPY Technical Analysis 09.11.2023 1h chart
– Previous Daily candle closed Bullish around 185.420 breaking above weak Daily Resistance formed on Tuesday, Forming Daily Support around 184.820.
– Buys on close above 185.670 targeting Daily Resistance formed on 31st August 2023 around 185.970, Leaving Runners to the Daily Resistance formed on 22nd August 2023 around 186.430.
– Sells on close below 185.200 targeting 1h Support formed around 184.900, Leaving Runners to the 4h Support formed around 184.620.
– Ideally is to allow the Asian session to consolidate and wait for a much stronger confirmation during high volume time at Pre London / London open leading to New York session.
– Buys on close above 185.670 targeting Daily Resistance formed on 31st August 2023 around 185.970, Leaving Runners to the Daily Resistance formed on 22nd August 2023 around 186.430.
– Sells on close below 185.200 targeting 1h Support formed around 184.900, Leaving Runners to the 4h Support formed around 184.620.
– Ideally is to allow the Asian session to consolidate and wait for a much stronger confirmation during high volume time at Pre London / London open leading to New York session.
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