GBPJPY Technical Analysis 29.06.2023 1h chart
– Previous Daily candle closed Bearish at 182.490 forming new Daily Resistance at 183.620.
– Buys on close above 182.670 targeting 1h Resistance at 182.930, Leaving Runners to the 1h previous Support formed at 183.210.
– Sells on close below 182.140 targeting 4h Support formed at 181.860, Leaving Runners to the next 4h Support formed at 181.590
– As the Wednesday Daily candle corrected the Bullish move from Tuesday this week price could possibly consolidate within the current Daily price action as the June Monthly candle coming to a close.
– Buys on close above 182.670 targeting 1h Resistance at 182.930, Leaving Runners to the 1h previous Support formed at 183.210.
– Sells on close below 182.140 targeting 4h Support formed at 181.860, Leaving Runners to the next 4h Support formed at 181.590
– As the Wednesday Daily candle corrected the Bullish move from Tuesday this week price could possibly consolidate within the current Daily price action as the June Monthly candle coming to a close.
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