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SalimFX20
Dec 22, 2023 12:22 AM

GBPJPY Technical Analysis 22.12.2023 1h chart 

British Pound/Japanese YenFXCM

Description

– Previous Daily candle closed Bearish around 180.240 closing within recent Daily Support.
– Buys on close above 180.810 targeting previous Weekly Support formed on 30th October 2023 around 181.310, Leaving Runners to the previous 1h Resistance formed on 20th December 2023 around 181.830.
– Sells on close below 179.880 targeting 1h previous Resistance formed on 14th December 2023 around 179.360, Leaving Runners to the 4h Support formed around 178.700.
– High Impact News ahead of the Pre London session open for the Pound Sterling for Retail Sales m/m. High Volatility expected.
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