GBPJPY Technical Analysis 18.04.2023 1h chart
– Previous Daily candle closed Small Bullish at 166.340 closing above Daily Resistance formed on Thursday 13th April 2023 (Last Week).
– Buys on close above 166.510 targeting 4h Resistance formed at 166.740, Leaving Runners to the 1h Resistance formed on 16th December 2022.
– Sells on close below 166.100 targeting 4h Support at 165.810, Leaving Runners to the 1h Support formed at 165.600.
– High Impact News data ahead for the Pound Sterling during the Pre London session for the Claimant Count Change and the Average Earnings Index 3m/y, High volatility expected during the London open session.
– Buys on close above 166.510 targeting 4h Resistance formed at 166.740, Leaving Runners to the 1h Resistance formed on 16th December 2022.
– Sells on close below 166.100 targeting 4h Support at 165.810, Leaving Runners to the 1h Support formed at 165.600.
– High Impact News data ahead for the Pound Sterling during the Pre London session for the Claimant Count Change and the Average Earnings Index 3m/y, High volatility expected during the London open session.
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