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GBPJPY Technical Analysis 08.08.2023 1h chart

British Pound / Japanese Yen (FX:GBPJPY)  
SalimFX20  
FX:GBPJPY   British Pound / Japanese Yen
Beyond Technical Analysis GBPJPY gj Forex fx signals breakdownanalysis marketanalystsalim
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– Previous Daily candle closed Strong Bullish at 182.060 forming Daily Support at 180.660.
– Buys on close above 182.500 targeting 1h Resistance formed at 183.000, Leaving Runners to the next 1h Resistance formed at 183.250.
– Sells on close below 181.910 targeting 4h previous Resistance formed on 4th August 2023 at 181.630, Leaving Runners to the 30min Support formed at 181.300.
– The current Monthly retracement could be the new Weekly forming top wick before breaking the Lows.
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