GBPJPY Technical Analysis 15.11.2023 1h chart

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– Previous Daily candle closed strong Bullish around 187.900 tapping into a Rejection Monthly area formed in November 2015.
– Buys on close above 188.300 targeting Monthly Rejection formed in November 2015 around 188.820, Leaving Runners to the previous Weekly Support formed on 13th July 2015 around 189.320.
– Sells on close below 187.660 targeting previous Daily Resistance formed on 5th November 2015 around 187.000, Leaving Runners to the 1h previous Resistance formed around 186.630.
– High Impact News ahead at the Pre London session open. CPI y/y, High Volatility expected at the London session open.

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