SalimFX20

GBPJPY Technical Analysis 24.11.2023 1h chart

FX:GBPJPY   英鎊 / 日圓
– Previous Daily candle closed Bullish around 187.380 as price approaches the previous Weekly Rejection formed around 188.280.
– Buys on close above 187.650 targeting Daily Resistance around 187.910, Leaving Runners to the 1h Resistance formed around 188.230.
– Sells on close below 187.170 targeting 4h previous Resistance formed around 186.830, Leaving Runners to the 4h Support formed around 186.400.
– Ideally is to allow the Asian session to form a consolidation zone and wait for High Volume time with a strong confirmation.

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