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GBPJPY Technical Analysis 20th November 2024 1h chart | DM

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 GBPJPY Technical Analysis 20th November 2024 1h chart | DM

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Tuesday Daily candle closed small Bullish at 196.120 leaving a huge Rejection wick to the downside (+250 Pips). I'll be looking for potential Buys above 196.550 targeting Hourly Resistance at 197.320 Leaving Runners to the Daily Resistance formed at 197.900. I'll be looking for potential Sells below 195.500 targeting Daily Support at 194.710 Leaving Runners to the 4h Support formed at 193.910. High-impact news ahead of the pre-London session, all eyes are on the Pound Sterling with key CPI y/y data and more market-moving updates on the horizon. Stay sharp and prepared for volatility!




 

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