GBPJPY Technical Analysis 13.02.2023 1h chart

– Previous Weekly candle closed Bullish forming Weekly Support at 158.400, But the Daily candle closed Bearish forming Daily Resistance at 159.360.
– Buys on close above 158.660 targeting 1h previous Support formed at 158.980, Leaving Runners to the 1h Resistance formed at 159.290.
– Sells on close below 158.090 targeting Daily / 1h Support formed at 157.760, Leaving Runners to the 30min Support formed at 157.530 anticipating the Friday Daily wick fill.
– Ideally is to allow the Asian session to Consolidate and set up a a good Price Action for the London / NY session, also the Weekly candle have just started so it is ideally to wait for confirmation before entering a trade.