GBPJPY Technical Analysis 01.03.2022 1h chart

– After having a huge 90Pip gap down at market open price have been corrected within the London Session at the 4h close, on the hourly price has been holding Support around 154 area, Sells on the break below 154.040 are more likely to play out as there is clean traffic down on the hourly to 153.410, Buys above 154.170 based on most recent price action but the Strong and much better confirmation for Buys would be above 154.960 as price breaks above 4h Strong Resistance formed on the 25.02.2022.