GBPJPY Technical Analysis 09.09.2022 1h chart

– Previous Daily candle closed Doji Bearish at 165.740 leaving a Rejection wick at 166.300 as the price approaches Strong Resistances from (28.06.2022) and (28.07.2022) .
– Buys on close above 165.800 as a price breaks out of a strong recent Resistance targeting 4h/ 1h Resistance at 166.070 leaving Runners to Daily Wick Fill at 166.320.
– Sells on close below 165.210 targeting 4h previous Resistance at 164.830 leaving Runners to 4h Support at 164.290.
– Overall the current Weekly has been extremely Bullish, Ideally is to have another Daily candle closing Bearish for a retracement to then form a better Support before the continuation to the upside.