GBPJPY Technical Analysis 11th July 2024 1h chart

– Wednesday Daily candle closed strong Bullish around 207.720 breaking out of the Daily Range. I’ll be looking for potential Buys above 207.850 targeting previous Weekly Support formed in Febaruary 2008 around 208.550 Leaving Runners to 209.000 to tap into a potential Key Level. I’ll be looking for potential Sells below 207.400 targeting 1h previous Resistance formed around 207.000 Leaving Runners to the Hourly Support formed around 206.700. High Impact News ahead of the Pre London session for the Pound Sterling.