GBPJPY Technical Analysis 01.06.2022 1h chart

-As May Monthly candle closed Bearish forming Resistance at 163.100 with huge Rejection wick from the downside as price tapped the previous Strong Monthly resistance held during last year and the beginning of this year around 155.700.
– Previous Daily candle closed Bullish above Daily Resistance formed on (18.05.2022).
– Buys on close above 162.360 targeting 4h Resistance at 162.720 leaving Runners to Daily Resistance at 162.990.
– Sells on a close below 161.900 targeting Daily previous Resistance formed on (18.05.2022) at 161.540 leaving Runners to 1h Support at 161.130.