GBPJPY Technical Analysis 19.09.2022 1h chart

– Previous Weekly and Daily candle closed Bearish at 163.200 within the previous Daily Resistance formed on (10.08.2022)  and forming Weekly Resistance at 165.400, Price Action played out precisely as planned and expected and the whole information was called out to the T on the Analysis posted on Wednesday last week under ” GBPJPY Technical Analysis 15.09.2022 1h chart”.
– Buys on a close above 163.450 targeting 4h previous Support formed at 164.010 leaving Runners to 1h Resistance at 164.410.
– Sells on close below 162.750 targeting 4h previous Resistance formed on (02.09.2022) at 162.250 leaving Runners to 30min Support at 161.890.
– UK Bank Holiday: Banks will be closed in observance of the funeral of Queen Elizabeth, We also have Japanese Bank Holiday in observance of Respect-for-the-Aged Day.