GBPJPY Technical Analysis 14.10.2022 1h chart

– Previous Daily candle closed extremely Strong Bullish at 166.710 as price broke above the Weekly recent Resistance formed on 12th September 2022 and the other Weekly Resistance formed on 27th June 2022.
– Buys on close above 167.260 on the break of the previous Daily candle high targeting Daily Resistance formed on 22nd June 2022 at 167.760, Leaving Runners to the next Daily Resistance formed on 9th June 2022 at 168.180.
– Sells on close below 166.380 as price breaks below 30min Strong Support held from London close on Thursday Session, targeting Weekly previous Resistance formed on 27th June 2022 at 165.840, Leaving Runners to the 1h previous Resistance formed on Thursday and held during the New York Session open at 165.270.
– Current Weekly candle has been Bullish breaking above major Weekly Resistances held over the Q2 and Q3  of 2022, As tomorrow is Friday last trading day of the week it’s extremely important to not overtrade and only take trades with confirmation, Although the higher timeframe is extremely Bullish we might get a pull back on Friday to allow the current Weekly candle to close with Wick at the top to then potentially gets filled within the next Weekly candle.