GBPJPY Technical Analysis 6th August 2024 1h chart

– Monday Daily candle closed Bearish around 184.090 tapping into the 180s Key Level and rejecting it. I’ll be looking for potential Buys above 184.550 targeting Hourly Resistance formed around 185.730 Leaving Runners to the 4h previous Rejection formed on 7th February 2024 around 186.500. I’ll be looking or potential Sells below 183.580 targeting Hourly Support around 182.580 Leaving Runners to the next Hourly Support formed around 182 Key Level. Extreme Bearish momentum on the higher timeframe as price taps and reject recent Monthly Support formed on December 2023.