GBPJPY Technical Analysis 15.09.2023 1h chart

164
– Previous Daily candle closed Strong Bearish at 182.980 forming new Daily Resistance around 184.180.
– Buys on close above 183.060 targeting 1h previous Support formed around 183.350, Leaving Runners to the 1h Resistance formed around 183.820.
– Sells on close below 182.060 targeting Weekly previous Resistance formed on 24th July 2023 around 182.220, Leaving Runners to the 4h Support formed around 181.750.
– As the Thursday candle closed strong Bearish below recent Daily Support formed on Tuesday this week, there is higher probability for the Friday Daily candle to continue Bearish.

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.