SalimFX20

GBPJPY Technical Analysis 19.07.2023 1h chart

FX:GBPJPY   British Pound / Japanese Yen
– Previous Daily candle closed weak Bearish at 180.900 as price still ranging within the 4h timeframe.
– Buys on close above 181.630 targeting 4h Resistance at 182.030, Leaving Runners to the 4h previous Support formed on 9th July 2023 at 182.390.
– Sells on close below 180.750 targeting Tuesday Daily Wick Fill at 180.360, Leaving Runners to the Daily Support formed at 179.800.
– High Impact News ahead of the Pound Sterling before London open for CPI y/y forecasting : 8.2% / Previously was 8.7%.

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