GBPJPY Technical Analysis 10th December 2024 1h chart

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 GBPJPY Technical Analysis 10th December 2024 1h chart

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Monday Daily candle closed strong Bullish at 192.720 closing above Daily Range. I'll be looking for potential Buys above 192.800 targeting 4h Resistance formed at 193.250 Leaving Runners to the previous Daily Support formed on 10th October 2024 around 193.780. I'll be looking for potential Sells below 192.100 targeting previous Hourly Support formed at 191.580 Leaving Runners to the previous Hourly Range formed at 191.140. As planned last week, the Weekly candle closed bullish, rejecting the downside. Now, with bullish volume kicking in, the anticipated move is underway!

 

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