GBPJPY Technical Analysis 22.02.2023 1h chart

– Previous Daily candle closed Strong Bullish at 163.490 retesting and breaking above the recent Daily Resistance formed on Wednesday 14th February 2023.
– Buys on close above 163.740 targeting Weekly / Daily Support formed at 164.100, Leaving Runners to the 4h previous Support formed on 2nd December 2022 at 164.460.
– Sells on close below 163.020 targeting 30min Support at 162.720 , Leaving Runners to the 30min previous Resistance formed on 28th December 2022 at 162.290.
– As explained on the video breakdown analysis posted Daily on Dominion Markets Instagram page posted on 15th February 2023, Price did exactly what was visualised on the chart, Flash Manufacturing PMI and Flash Services PMI aligned with the Technical Analysis to keep GBPJPY Bullish for the current Price Action.