GBPJPY Technical Analysis 16th August 2024 1h chart – Thursday Daily candle closed extremely Bullish around 191.780 breaking out of the recent 4h Consolidation Zone. I’ll be looking for potential Buys above 192.100 targeting 30min previous Support formed around 192.560 Leaving Runners to the 4h Resistance formed on 1st August 2024 around 193.260. I’ll be looking for potential Sells below 191.430 targeting 1h previous Resistance formed on 1st August 2024 around 190.930 Leaving Runners to the next 1h previous Resistance formed on 2nd August 2024 around 190.280. Weekly so far is Bullish and more likely will close Bullish forming Weekly Support and correcting the Sells that took place within the last 4 weeks.