GBPJPY Technical Analysis 12th March 2024 1h chart
– Monday Daily closed Bearish around 188.230 within Daily Range formed at the end of January 2024. I’ll be looking for potential Buys above 188.470 targeting 1h Resistance formed at 188.870 and previous Daily Support formed on 1st March 2024 at 189.280. I’ll be looking for potential Sells below 187.950 targeting previous 4h Resistance formed on 2nd February 2024 around 187.500 and next previous 4h Resistance formed on 5th February 2024 around 187.110. More likely price will range during the Asian session prior to news release for Claimant Count Change and Average Earnings Index 3m/y for the London Session.