GBPJPY Technical Analysis 24th July 2024 1h chart

– Tuesday Daily candle closed strong Bearish around 200.750 breaking below recent Daily Support formed on Wednesday last week. I’ll be looking for potential Buys above 201.630 targeting 1h Resistance around 202.300 Leaving Runners to the 4h Resistance formed around 203.000. I’ll be looking for potential Sells below 200.600 targeting 1h Support formed on 18th June 2024 around 200.100 Leaving Runners to Daily Support formed on 16th June 2024 around 199.520. High Impact News ahead of the London session for the Pound Sterling which may bring Volatility to the market.