GBPJPY Technical Analysis 17.01.2024 1h chart
– Previous Daily candle closed Bullish around 185.940 above recent Daily Resistance formed on Thursday 11th January 2024.
– Buys on close above 186.180 targeting 1h previous Support formed on 1st December 2023 around 186.480, Leaving Runners to the previous Daily Support formed on 30th November 2023 around 186.840.
– Sells on close below 185.750 targeting 1h Support formed around 185.350, Leaving Runners to the 30min Strong Support formed around 185.030.
– High Impact News ahead for the Pound Sterling for the Pre London session open, CPI y/y forecasted at 3.8%, Previously was 3.9%. High Volatility expected at the London session open.
– Buys on close above 186.180 targeting 1h previous Support formed on 1st December 2023 around 186.480, Leaving Runners to the previous Daily Support formed on 30th November 2023 around 186.840.
– Sells on close below 185.750 targeting 1h Support formed around 185.350, Leaving Runners to the 30min Strong Support formed around 185.030.
– High Impact News ahead for the Pound Sterling for the Pre London session open, CPI y/y forecasted at 3.8%, Previously was 3.9%. High Volatility expected at the London session open.
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