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SalimFX20

GBPJPY Technical Analysis 20.12.2023 1h chart

British Pound / Japanese Yen (FX:GBPJPY)  
SalimFX20  
FX:GBPJPY   British Pound / Japanese Yen
Beyond Technical Analysis GBPJPY gj fprex fx signals breakdownanalysis marketanalystsalim
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– Previous Daily candle closed strong Bullish around 183.080 retesting Daily Resistance formed on Tuesday last week (12.12.2023).
– Buys on close above 183.420 targeting 1h Resistance formed at 184.010, Leaving Runners to the 4h previous Support formed on 8th November 2023 around 184.590.
– Sells on close below 182.610 targeting 1h previous Resistance formed on 19th December 2023 around 181.900, Leaving Runners to the next 1h previous Resistance formed around 181.290.
– High Impact News ahead of the Pre London session for the Pound Sterling. CPI y/y forecasted at 4.3% previously was 4.6%.
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