GBPJPY Technical Analysis 21.09.2023 1h chart

115
– Previous Daily candle closed weak Bearish around 183.100 as price rejected the downside and respected recent Daily Support.
– Buys on close above 183.350 targeting 4h Resistance around 183.850, Leaving Runners to the Daily Resistance formed around 184.180.
– Sells on close below 182.690 targeting 1h Support around 182.430, Leaving Runners to the 4h Strong Support formed around 181.760.
– High impact news ahead of the London / Pre NY session as Bank Of England Governor Andrew Bailey and MPC members decide on the Interest Rate. High Volatility expected during the news release.

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.