GBPJPY Technical Analysis 13.09.2023 1h chart

– Previous Daily candle closed small Bullish at 183.720 forming Daily Support around 183.270.
– Buys on close above 183.870 targeting 4h Weak Resistance formed around 184.180, Leaving Runners to the next 4h Resistance formed around 184.650.
– Sells on close below 183.350 targeting 4h Support formed around 183.000, Leaving Runners to the 4h previous Strong Resistance formed on 9th August 2023 around 182.740.
– As the Daily formed Support, price could be retracing to allow the Weekly candle to form a higher top wick before breaking the lows again.