GBPJPY Technical Analysis 26.09.2022 1h chart

– Previous Weekly candle closed very Strong Bearish at 155.400, Pound Sterling hits fresh 37-year low since 1985 after mini-budget announced by Chancellor of the Exchequer Kwasi Kwarteng worth £45bn.
– Buys on close above 155.900 targeting 1h Resistance at 156.370 leaving Runners to the Weekly previous Resistance formed on (10.01.2022) at 156.980.
– Sells on close below 155.030 targeting 4h previous Strong Resistance formed on (16.03.2022) at 154.410 leaving Runners to 1h Strong Support formed on (15.03.2022) at 154.090.
– Bank Of Japan Governor Haruhiko Kuroda due to speak at a meeting with business leaders in Osaka.