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GBPJPY Technical Analysis 14th November 2024 1h chart | DM

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 GBPJPY Technical Analysis 14th November 2024 1h chart | DM

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Wednesday Daily candle closed Bullish at 197.550 closing within Daily Range as price continues to Consolidate. I'll be looking for potential Buys above 197.770 targeting 4h Strong Resistance formed at 198.280 Leaving Runners to the 1h Resistance formed on 8th November 2024 around 198.880. I'll be looking for potential Sells below 196.780 targeting Daily Support formed at 196.080 Leaving Runners to the 4h Strong Support formed on 22nd October 2024 around 195.520. Daily still ranging failing to break above 198.000 or break below 196.750 so ideally is to wait for high volume time with good confirmation before executing either Buys or Sells.

 
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