GBPJPY Technical Analysis 12.12.2023 1h chart

166
– Previous Daily candle closed strong Bullish around 183.450 as price retests the previous Strong Daily Support area around 184.600
– Buys on close above 183.730 targeting 4h Resistance around 184.070, Leaving Runners to the 30min Resistance formed around 184.440.
– Sells on close below 183.240 targeting previous 30min Resistance formed around 182.760, Leaving Runners to the 1h Support formed around 182.370.
– High Impact News ahead of the Pre London session for the Pound Sterling, Claimant Count Change and Average Earnings Index 3m/y, High Volatility expected during the London session open.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.