GBPJPY Technical Analysis 19.04.2023 1h chart
– Previous Daily candle closed Bullish at 166.530 breaking above the previous Weekly High.
– Buys on close above 166.900 targeting 30min Resistance formed on 16th December 2022 at 167.230, Leaving Runners to the Daily previous Support formed on 14th December 2022 at 167.660.
– Sells on close below 166.450 targeting 4h Support at 166.240, Leaving Runners to the Daily Support formed at 165.930.
– High Impact News data ahead for the Pound Sterling at Pre London for the CPI y/y forecasting 9.8% / Previously was 10.4%, High Volatility expected at the London Open.
– Buys on close above 166.900 targeting 30min Resistance formed on 16th December 2022 at 167.230, Leaving Runners to the Daily previous Support formed on 14th December 2022 at 167.660.
– Sells on close below 166.450 targeting 4h Support at 166.240, Leaving Runners to the Daily Support formed at 165.930.
– High Impact News data ahead for the Pound Sterling at Pre London for the CPI y/y forecasting 9.8% / Previously was 10.4%, High Volatility expected at the London Open.
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