GBPJPY Technical Analysis 27.06.2023 1h chart
– Previous Daily candle closed Doji Bearish at 182.380 rejecting the Friday Highs.
– Buys on close above 182.890 targeting Daily Resistance formed on 17th December 2015 at 183.320, Leaving Runners to the Daily previous Support formed on 16th October 2015 at 183.710.
– Sells on close below 182.270 targeting 4h Support formed at 181.900, Leaving Runners to the next 4h Support formed at 181.590.
– Price could possibly consolidate on the Daily or the 4h timeframe for most part of the week as the Monthly candle for June coming to a close by end of this week.
– Buys on close above 182.890 targeting Daily Resistance formed on 17th December 2015 at 183.320, Leaving Runners to the Daily previous Support formed on 16th October 2015 at 183.710.
– Sells on close below 182.270 targeting 4h Support formed at 181.900, Leaving Runners to the next 4h Support formed at 181.590.
– Price could possibly consolidate on the Daily or the 4h timeframe for most part of the week as the Monthly candle for June coming to a close by end of this week.
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