GBPJPY Technical Analysis 23.05.2022 1h chart

– Previous Weekly candle closed Bullish forming Support at 158.200 above the previous Weekly Resistances formed on (18.10.2021), (10.01.2022), and  (14.02.2022).
– Buys on close above 160.030 targeting 1h strong Resistance at 160.420 leaving Runners to 1h previous Support formed on (18.05.2022) at 160.990.
-Sells on close below 159.260 targeting 1h Support at 158.860 leaving Runners to 158.200 with clean traffic on the left.
-Bank Of Englad Governor Andrew Bailey is due to participate at a panel discussion titled ” Monetary Policy, policy interaction and inflation in a post-pandemic world with severe geopolitical tensions “after London Close.






Salim  00:42