Buys on close above 160.050 targeting 1h previous Resistance at 160.460 leaving Runners to 1h Resistance at 160.820.
Sells on close below 159.550 targeting 1h Support that was formed on (23.03.2022) at 159.080 leaving Runners to 15min Support from (22.03.2022) at 158.740.
after a huge drop from 164.700 from the beginning of the Weekly candle price has broken many Daily Supports and strong Key Level and also monthly have retraced all the way to where it was started and also current Price Action on GBPJPY is at Daily Support that was formed on (24.03.2022) and (01.04.2022) so there is a Higher Probability that price could hold this Support and form another Support on the Daily.