GBPJPY Technical Analysis 11.08.2023 1h chart

– Previous Daily candle closed Bullish at 183.470 closing below Daily Resistance formed on 6th July 2023 leaving 76 pip Rejection wick to the upside.
– Buys on close above 183.840 targeting 1h Resistance at 184.110, Leaving Runners to the Weekly previous Support formed on 30th November 2015 at 184.610.
– Sells on close below 183.270 targeting 1h previous Resistance formed at 182.970, Leaving Runners to the 4h Support formed at 182.530.
– High Impact News at the Pre London session open for GDP m/m and Prelim GDP q/q, High volatility expected at the London open.