SalimFX20

GBPJPY Technical Analysis 08.11.2023 1h chart

FX:GBPJPY   British Pound / Japanese Yen
– Previous Daily candle closed Bearish around 184.810 forming Daily Resistance around 185.190.
– Buys on close above 185.370 targeting 4h Resistance formed around 185.600, Leaving Runners to the Daily Resistance formed on 31st August 2023 around 185.970.
– Sells on close below 184.650 targeting Daily Resistance formed on 1st November 2023 around 184.220, Leaving Runners to the 1h previous Resistance formed on 2nd November 2023 around 183.730.
-Bank Of England Governor Andrew Bailey due to speak at the Central Bank of Ireland Financial System Conference in Dublin.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.