GBPJPY Technical Analysis 6th March 2024 1h chart

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– Tuesday Daily candle closed small Bearish forming Daily Resistance at 191.020. I’ll be looking for potential Buys above 191.120 targeting Weekly Support formed on 27th July 2015 around 191.840 and Daily Support formed on 10th August 2015 around 192.380. I’ll be looking for potential Sells below 190.310 targeting 4h Support around 189.800 and Daily Support around 189.270. As previously Daily formed Resistance and last Weekly candle closed Bearish forming Weekly Resistance aswell, there is a good probability for price to retrace and fill the previous Weekly Low around 189.050.