GBPJPY Technical Analysis 27.10.2022 1h chart

– Previous Daily candle closed Bullish at 170.150 above previous Daily Rejection wicks.
– Buys on close above 170.520 targeting 4h previous Resistance formed on 12th October 2016 at 171.100, Leaving Runners to the Weekly Previous Support formed on 19th October 2014 at 171.900.
– Sells on close below 169.880 targeting 4h Support at 169.430, Leaving Runners to the 4h previous Resistance formed on Monday 24th October 2022 at 169.120.
– Despite the messy range between 169.430 and 169.880 on the Hourly and 30min I am mainly focused on the 4h Support to be retested for Sells, 169.430 is also the previous 4h Resistance formed and held on 17th and 18th of October 2022 so there is a higher probability for price to retest that area.