GBPJPY Technical Analysis 20.04.2023 1h chart

– Previous Daily candle closed strong Bullish at 167.500 above the recent Daily Highs formed early this week and last week.
– Buys on close above 167.920 targeting Daily Resistance formed on 15th December 2022 at 168.340, Leaving Runners to the next Daily Resistance formed on 13th December 2022 at 168.820.
РSells on close below 167.350 targeting  1h Support at 167.050, Leaving Runners to the next level of 1h Support at 166.790.
– As the previous Daily candle closed strong Bullish, the targets for Sells becomes smaller than Buys as we follow the current Bullish Trend.