– Tuesday Daily candle closed Bullish at 196.930 within Daily Resistance formed on 30th April 2024. I’ll be looking for potential Buys above 197.100 targeting 4h Resistance at 197.440 and next 4h Resistance around 197.990. I’ll be looking for potential Sells below 196.550 targeting 4h Support formed at 196.010 and Hourly previous Resistance formed on 2nd May 2024 around 195.590. GBPJPY trading at a level where Monthly candle started and almost about to break its own high so there is a potential Wick Fill of the April Monthly high.
