GBPJPY Technical Analysis 14th March 2024 1h chart
– Wednesday Daily candle closed Doji Bullish respecting recent Daily Support formed on Tuesday. I’ll be looking for potential Buys above 189.540 targeting previous 4h Support formed on 6th March 2024 around 190.040 and 4h Resistance around 190.520. I’ll be looking for potential Sells below 188.540 targeting 4h Support around 188.060 and previous 4h Resistance formed on 2nd February 2024 around 187.520. Overall price action has been messy on the lower timeframe so waiting for confirmation before taking positions is a Must!
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