GBPJPY Technical Analysis 27.02.2023 1h chart

– Previous Weekly candle closed Bullish at 162.880 also Daily candle on Friday closed Bullish forming Daily Support at 161.710.
– Buys on close above 163.140 targeting 15min Resistance at 163.350, Leaving Runners to the 1h Strong Resistance formed at 163.580.
– Sells on close below 162.760 targeting 1h Support at 162.290, Leaving Runners to the 4h Support at 161.810.
– MPC Member Broadbent due to deliver opening remarks at the Bank Of England Agenda for Research Conference in London.