GBPJPY Technical Analysis 01.12.2023 1h chart

– Previous Daily candle closed weak Bullish around 187.010 forming weak Daily Support around 186.850.
– Buys on close above 187.580 targeting Daily Resistance formed around 188.220, Leaving Runners to the 1h Resistance formed around 188.670.
– Sells on close below 186.400 targeting 4h Support formed around 185.890, Leaving Runners to the Daily Support formed around 185.450.
– There is a good probability to see Friday Daily candle closing Bearish as weak Daily Support has been formed on Thursday.