GBPJPY Technical Analysis 01.12.2022 1h chart

– Previous Daily candle closed Bullish at 166.490 forming Daily Support at 168.750.
– Buys on close above 166.670 targeting 1h Resistance at 167.220, Leaving Runners to the 4h previous Support formed at 165.560.
– Sells on close below 166.020 targeting Daily / 1h Support at 165.750, Leaving Runners to the 30min Strong Support at 165.550.
– Overall targets were set small as Daily Support is formed.