GBPJPY Technical Analysis 10.01.2024 1h chart
– Previous Daily candle closed weak Bearish around 183.560 forming weak Daily Resistance around 183.800.
– Buys on close above 183.870 targeting 4h Resistance formed around 184.190, Leaving Runners to the previous 4h Support formed on 8th November 2023 around 184.630.
– Sells on close below 183.250 targeting 4h Support formed around 182.930, Leaving Runners to the previous Monthly Support formed in October last year (2023) around 182.440.
– High Impact News ahead of the New York session for the Pound Sterling as Bank Of England Governor Andrew Bailey due to testify, along with Deputy Governor Sarah Breeden on the Financial Stability Report before the Treasury Select Committee in London, High Volatility expected.
– Buys on close above 183.870 targeting 4h Resistance formed around 184.190, Leaving Runners to the previous 4h Support formed on 8th November 2023 around 184.630.
– Sells on close below 183.250 targeting 4h Support formed around 182.930, Leaving Runners to the previous Monthly Support formed in October last year (2023) around 182.440.
– High Impact News ahead of the New York session for the Pound Sterling as Bank Of England Governor Andrew Bailey due to testify, along with Deputy Governor Sarah Breeden on the Financial Stability Report before the Treasury Select Committee in London, High Volatility expected.