GBPJPY Technical Analysis 3rd April 2024 1h chart

– Tuesday Daily candle closed weak Bullish at 190.600 forming weak Daily Support around 190.320 as price retrace back into the recent Daily Range. I’ll be looking for potential Buys above 190.720 targeting 4h Resistance around 191.280 and 4h Rejection level formed on 26th March 2024 around 191.680, I’ll be looking for potential Sells below 190.180 targeting 4h Rejection level around 189.670 and 4h previous Resistance formed on 14th March 2024 around 189.370. Price continues to consolidate on the Daily and the 4h timeframe so ideally is to wait for a strong confirmation on the higher timeframe either for Buys or Sells.