GBPJPY Technical Analysis 08.07.2022 1h chart

GBPJPY Technical Analysis 08.07.2022 1h chart
– Previous Daily candle closed strong Bullish at 163.450 forming Support at 161.980.
– Buys on close above 163.620 targeting 1h previous strong Support formed on (04.07.2022) at 164.040 leaving Runners to 15min Resistance at 164.410.
– Sells on close below 163.110 targeting 30min Support at 162.790 leaving Runners to 1h Support at 162.480.
– Looking at the Weekly so far it has retraced all the way to near where the weekly candle has opened rejecting the Bearish Weekly candle on the left formed on (13.06.2022).