英鎊 / 日圓

GBPJPY Technical Analysis 07.08.2023 1h chart

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– Previous Weekly candle closed weak Bearish at 180.660 leaving a Rejection at 183.240 rejecting Weekly Resistance formed on 3rd July 2023, Friday Daily candle closed Bearish but respected the Thursday Daily Low.
– Buys on close above 181.340 targeting 4h Resistance at 181.660, Leaving Runners to the 4h previous Support formed on 2nd August 2023 at 182.020.
– Sells on close below 180.500 targeting 4h previous Support formed on 20th July 2023 at 180.000, Leaving Runners to the 1h previous Strong Support formed on 12th July 2023 at 179.540.
– Ideally is to allow the Asian session setup a new Range for the week ahead and wait for strong confirmations.

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