GBPJPY Technical Analysis 18th April 2024 1h chart
– Wednesday Daily candle closed weak Doji Bullish as price ranges and respects Daily Resistance level around 192.400. I’ll be looking for potential Buys above 192.780 targeting 1h Resistance formed on 21st March 2024 at 193.330 leaving Runners to 193.750 to retest a potential Key Level. I’ll be looking for potential Sells below 191.740 targeting 30min Support around 191.410 and next 30min Support around 190.920. Ideally is to wait for price to break out of the Range before executing a trade as price has been ranging on the Daily timeframe.