GBPJPY Technical Analysis 09.06.2023 1h chart
– Previous Daily candle closed small Bullish at 174.440 as price have been consolidating on the 4h timeframe.
-Buys on close above 174.520 targeting Weekly Rejection formed on 1st February 2016 at 175.020, Leaving Runners to the Previous Daily Support formed on 13th April 2015 at 175.700.
– Sells on close below 173.950 targeting 4h previous Resistance at 173.650, Leaving Runners to the Daily Support formed at 173.410.
– Overall the Thursday Daily candle have been ranging for this week, Buy targets remained the same as the Analysis posted for the 8th June 2023.
-Buys on close above 174.520 targeting Weekly Rejection formed on 1st February 2016 at 175.020, Leaving Runners to the Previous Daily Support formed on 13th April 2015 at 175.700.
– Sells on close below 173.950 targeting 4h previous Resistance at 173.650, Leaving Runners to the Daily Support formed at 173.410.
– Overall the Thursday Daily candle have been ranging for this week, Buy targets remained the same as the Analysis posted for the 8th June 2023.
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