GBPJPY Technical Analysis 14th August 2024 1h chart

– Tuesday Daily candle closed Bullish around 188.800 as price tapped both of the buy targets that were set in place from Monday’s analysis. I’ll be looking for potential Buys above 189.390 targeting 1h Resistance formed on 2nd August 2024 around 189.890 Leaving Runners to the previous Daily Support formed on 14th April 2024 around 190.360. I’ll be looking for potential Sells below 188.460 targeting 15min recent Support formed around 188.060 Leaving Runners to the previous Daily Resistance formed on 8th August 2024 around 187.560. High Impact News ahead of the London session for the Pound Sterling for CPI y/y data release, High Volatility expected at the London session open.