SalimFX20

GBPJPY Technical Analysis 15th March 2024 1h chart

FX:GBPJPY   British Pound / Japanese Yen
– Thursday Daily candle closed weak Bullish around 189.090 as price ranged within the No Trade Zone identified on the previous Analysis, I’ll be looking for potential Buys above 189.540 targeting previous 4h Support formed on 6th March 2024 around 190.060 and 4h Resistance around 190.520., I’ll be looking for potential Sells below 188.540 targeting 4h Support around 188.060 and previous 4h Resistance formed on 2nd February 2024 around 187.520. Price still consolidating on the 4h timeframe so waiting for strong confirmation before taking positions is a Must!.

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