GBPJPY Technical Analysis 13.09.2022 1h chart

– Previous Daily candle closed strong Bullish at 166.860 forming Daily Support at 165.380 as the price breaks above the Weekly strong Resistance formed on (27.06.2022).
– Buys on close above 166.970 as price breaks above strong Resistance formed and held during London Session and New York Stock Exchange Session targeting 1h Strong Resistance formed on (22.06.2022) at 167.220 leaving Runners to Daily / 4h Resistance formed on (22.06.2022) at 165.750.
– Sells on close below 166.460 targeting 4h previous Resistance formed on (09.09.2022) at 166.080 leaving Runners to Daily previous Resistance formed on (09.09.2022) at 165.780.
– The Bullish momentum continues as the price breaks the most recent Daily Resistance formed on Friday (09.09.2022).