GBPJPY Technical Analysis 13.11.2023 1h chart

132
– Previous Weekly candle closed Bullish at 185.150 leaving a Rejection wick to the upside around 185.960, Friday Daily candle closed small Bullish within the Daily Consolidation Zone.
– Buys on close above 185.340 targeting 4h Resistance around 185.780, Leaving Runners to the Weekly Rejection formed on 28th August 2023 around 186.060.
– Sells on close below 184.640 targeting previous Daily Resistance formed on 1st November 2023. around 184.220, Leaving Runners to the 1h previous Resistance formed on 2nd November 2023 around 183.750.
– The Analysis has been kept the same as the ones posted for Friday as price consolidated within the No Trade Zone provided for Friday.

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.