GBPJPY Technical Analysis 23.02.2023 1h chart – Previous Daily candle closed Bearish at 162.420 forming Daily Resistance at 163.490 as the Wednesday Daily candle corrects part of the Bullish move that happened on Tuesday. – Buys on close above 162.700 targeting 1h Resistance at 162.980, Leaving Runners to the 1h Resistance at 163.240. – Sells on close below 162.250 targeting Daily previous Resistance formed on 15th February 2023 at 161.970, Leaving Runners to the 1h Support formed at 161.690. – Sells are much easier to take than Buys as Daily Resistance has been formed, Volume may vary due Japanese Bank Holiday.