GBPJPY Technical Analysis 14.12.2022 1h chart

– Previous Daily candle closed strong Bearish at 167.650 forming Daily Resistance at  168.810.
– Buys on close above 167.900 targeting 1h previous Support at 168.350, Leaving Runners to the Daily Resistance at 168.810.
– Sells on close below 167.150 targeting 4h Support at 166.800, Leaving Runners to the 1h Strong Support at 166.460.
– We have CPI y/y and Core CPI y/y data to be released 1h before London open forecasting 10.9% / Previous : 11.1%.