GBPJPY Technical Analysis 30.03.2022 1h chart

Previous Daily candle closed Bearish forming Resistance at 162.100, Sells on close below 160.500 as price breaks below 4h Support targeting 4h Support at 159.930 with clean Range on Daily 4h/1h/30min on the left.
For Buys ideally is to wait for the price to close above the recent Resistance at 161.240 targeting Daily Resistance at 162.080, despite having a clean recent candle on the left it is really important to pay attention to the previous consolidation area Highlighted with the blue box as the price could reject around 161.600 as Daily Resistance has already been formed.