GBPJPY Technical Analysis 13.12.2022 1h chart

GBPJPY Technical Analysis 13.12.2022 1h chart
– Previous Daily candle closed Bullish at 168.820 as previous Daily candle closed Strong Bullish above recent Daily Resistances.
– Buys on close above 169.020 targeting 4h previous Support formed on 2nd November 2022 at 169.410, Leaving Runners to the 4h Resistance at 169.860.
– Sells on close below 168.310 targeting 1h previous Resistance formed on 9th December 2022 at 167.940, Leaving Runners to the 1h Support at 167.340.
– As the previous Daily candle closed Strong Bullish above Daily Resistances on the left, there is a high probability for price to tap into Monthly Resistance formed at 170.410.