GBPJPY Technical Analysis 31.08.2023 1h chart – Previous Daily candle closed strong Bullish at 185.950 forming new Daily Support around 184.370. – Buys on close above 186.190 targeting 1h strong Resistance formed at 186.530, Leaving Runners to the Weekly Rejection formed around 186.760. – Sells on close below 185.560 targeting 1h Support at 185.210, Leaving Runners to the 1h previous Resistance formed at 184.680. – As the August Monthly candle coming to a close, it is extremely important to wait for a strong confirmation as price action can be messy and difficult to trade.