GBPJPY Technical Analysis 15.06.2022 1h chart

– Previous Daily candle closed Bearish at 162.500 with a small body candle leaving long rejection wicks on the High and Low of the Daily candle.
– Overall the current weekly candle has done the Pullback to 161.550 (Previous Daily Resistance) from (18.05.2022) which was anticipated for the beginning of the previous week starting on 06.06.2022 but the pullback to retest the 161.550 only happened yesterday (14.06.2022).
– Buys on close above 162.700 targeting 1h previous Support at 163.000 leaving Runners to 15min previous Resistance at 163.630.
– Sells on close below 162.230 targeting 1h Support at 161.710 and leaving Runners to 4h strong Support formed on (31.05.2022) at 161.310.