GBPJPY Technical Analysis 24th April 2024 1h chart
– Tuesday Daily candle closed strong Bullish at 192.750 closing above recent Daily consolidation zone formed around 192.390. I’ll be looking for potential Buys above 192.870 targeting Daily Resistance around 193.400 and previous Daily Support formed on 17th August 2015 around 193.850. I’ll be looking for potential Sells below 192.250 targeting 1h Support around 191.800 and Daily Support formed around 191.190. There is a good probability for price to continue Bullish on the higher timeframe as price managed to closed above a level since 20th March 2024.