GBPJPY Technical Analysis 08.02.2023 1h chart

– Previous Daily candle closed strong Bearish at 157.820 forming Daily Resistance at 159.320.
– Buys on close above 158.080 targeting 1h Resistance at 158.380, Leaving Runners to the 1h previous Strong Support formed on 6th February 2023 at 158.790.
– Sells on close below 157.540 targeting Daily / 1h Support formed at 157.220, Leaving Runners to the 1h Support formed at 156.870.
– Ideally is to allow the Asian session to consolidate and wait for better confirmations around Pre London / London open leading to New York session.