GBPJPY Technical Analysis 10.04.2023 1h chart
– Previous Weekly candle closed Doji Bullish at 164.400 leaving a Rejection wick to the upside, Friday Daily candle also closed Bullish respecting Daily Support formed on Thursday at 163.480.
– Buys on close above 164.250 targeting Daily Resistance formed on 5th April 2023 at 164.580, Leaving Runners to the 30min Resistance at 164.990.
– Sells on close below 163.820 targeting 4h / 1h Support formed at 163.550, Leaving Runners to the 4h Support formed at 163.200.
– Price have ranged overall during the Friday market session and could also possibly range on Monday as UK Banks will be closed in observance of Easter Monday.
– Buys on close above 164.250 targeting Daily Resistance formed on 5th April 2023 at 164.580, Leaving Runners to the 30min Resistance at 164.990.
– Sells on close below 163.820 targeting 4h / 1h Support formed at 163.550, Leaving Runners to the 4h Support formed at 163.200.
– Price have ranged overall during the Friday market session and could also possibly range on Monday as UK Banks will be closed in observance of Easter Monday.