GBPJPY Technical Analysis 02.10.2023 1h chart

– Previous Monthly candle closed Bearish at 182.250 closing below recent Monthly Support formed in September 2023, Forming Monthly Resistance around 184.360, Weekly candle closed Bullish forming Weekly Support around 181.470, Friday Daily candle closed weak Bearish rejecting the Upside.
– Buys on close above 182.520 targeting 4h Resistance around 182.900, Leaving Runners to the 4h strong Resistance formed around 183.200.
– Sells on close below 181.950 targeting Daily previous Resistance formed on 26th September 2023 around 181.720, Leaving Runners to the Weekly Support formed around 181.470.
– Ideally is to allow the Asian session to form a new range for the new Month and Week ahead and wait for high volume time for a much higher probability.