GBPJPY Technical Analysis 15th January 2025 1h chart

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 GBPJPY Technical Analysis 15th January 2025 1h chart

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- Tuesday Daily candle closed small Bullish at 192.860 forming weak Daily Support at 191.950.

- I'll be looking for potential Buys above 193.020 targeting previous 4h Support formed on 15th December 2024 around 193.700 Leaving Runners to the previous Daily Support formed on 18th December 2024 around 194.400.

- I'll be looking for potential Sells below 192.460 targeting 30min Support at 191.830 Leaving Runners to the next 30min Support formed at 191.450.

- Daily chart ranged on Tuesday, but with CPI y/y data coming up on Wednesday, we might see increased volume and a potential breakout.




 

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