GBPJPY Technical Analysis 11th April 2024 1h chart

– Wednesday Daily candle closed Bearish at 192.020 forming Daily Resistance at 192.400 with Rejection wick to the upside. I’ll be looking for potential Buys above 192.190 targeting 4h Resistance around 192.770 and Daily Resistance formed on 20th March 2024 at 193.380. I’ll be looking for potential Sells below 191.470 targeting 4h Support around 191.000 and a next 4h Strong Support around 190.550. As price formed Daily Resistance there is a good probability for price to respect 192.400 level and potentially retest Daily Support formed around 191.360 by end of the week.