SalimFX20

GBPJPY Technical Analysis 05.10.2023 1h chart

FX:GBPJPY   British Pound / Japanese Yen
– Previous Daily candle closed Bullish around 180.920 forming Daily Support around 179.930 as price retest the previous broken Daily Support formed on 27th September 2023.
– Buys on close above 181.260 targeting 1h Resistance around 181.690, Leaving Runners to the next Hourly Resistance around 182.040.
– Sells on close below 180.470 targeting Daily Support formed around 179.930, Leaving Runners to the 1h Support formed around 179.660.
– High Impact News at the London session for the Pound Sterling, Construction PMI data forecasted at 50.0, Previously was 50.8.

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