GBPJPY Technical Analysis 14.07.2022 1h chart

– Previous Daily candle closed Bullish forming Daily Support at 162.650 and closing below the most recent Daily Resistance.
– Buys on close above 163.620 targeting 1h Resistance at 163.860 leaving Runners to Daily Resistance / Previous Daily Wick Fill at  around 164.130.
-Sells on close below 162.970 targeting Daily / 4h Support at 162.640  leaving Runners to 1h Support at at 162.370. Price could possibly consolidate as Daily Support was formed within the Daily consolidation Zone.