GBPJPY Technical Analysis 09.08.2023 1h chart

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– Previous Daily candle closed Bullish at 182.620 as Daily candle tapped into Daily Resistance formed on Wednesday 2nd August 2023.
– Buys on close above 182.970 targeting 1h Resistance at 183.250, Leaving Runners to the 4h Resistance formed at 183.510.
– Sells on close below 182.200 targeting 4h Support formed at 181.760, Leaving Runners to the 1h previous Resistance formed on 4th August 2023 at 181.370.
– Price approaching strong level on the Monthly, Weekly and Daily Resistance so we could possibly see another rejection at that level.

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