GBPJPY Technical Analysis 21.04.2023 1h chart
– Previous Daily candle closed Bearish at 166.980 forming new Daily Resistance around 167.500.
– Buys on close above 167.260 targeting 4h Resistance at 167.570, Leaving Runners to the 1h Resistance at 167.870.
– Sells on close below 166.840 targeting 4h Support at 166.520, Leaving Runners to the next 4h Support at 166.280.
– Retail Sales m/m data for the UK Economy to be released 1hour before London open, followed by Flash Manufacturing PMI and Flash Services PMI during the London session.
– Buys on close above 167.260 targeting 4h Resistance at 167.570, Leaving Runners to the 1h Resistance at 167.870.
– Sells on close below 166.840 targeting 4h Support at 166.520, Leaving Runners to the next 4h Support at 166.280.
– Retail Sales m/m data for the UK Economy to be released 1hour before London open, followed by Flash Manufacturing PMI and Flash Services PMI during the London session.