GBPJPY Technical Analysis 13.04.2023 1h chart

– Previous Daily candle closed weak Bullish at 166.120 within the Rejection wick formed on Tuesday 4th April 2023.
– Buys on close above 166.350 targeting 1h Resistance at 166.600, Leaving Runners to the 4h Resistance formed on 20th December 2022 at 166.840.
– Sells on close below 165.860 targeting 4h Support at 165.560, Leaving Runners to the 1h Support formed at 165.280.
– High Impact News ahead of the Pre London session for GDP m/m forecasting 0.1% / Previous : 0.3%.