GBPJPY Technical Analysis 26.06.2023 1h chart– Previous Weekly candle closed Bullish at 182.670 and the Friday Daily candle also closed Bullish above the recent Daily Resistance formed on Monday last week.
– Buys on close above 183.000 targeting Daily Resistance formed on 17th December 2015 at 183.320, Leaving Runners to the Daily previous Support formed on 16th October 2015 at 183.710.
– Sells on close below 182.390 targeting Daily / 4h previous Resistance formed on 20th June 2023 at 181.920, Leaving Runners to the 4h Support formed at 181.580.
– Ideally is to allow price to consolidate during the Asian session for market open and to wait for higher volume session (Pre London session) to have a higher probability setup.
