GBPJPY Technical Analysis 01.06.2023 1h chart – Previous Daily candle closed Bearish at 173.300 leaving a Rejection wick around 172.520. – Buys on close above 173.570 targeting 1h Resistance at 173.950, Leaving Runners to the 30min Resistance at 174.290. – Sells on close below 173.020 targeting 1h Support at 172.670, Leaving Runners to the 4h Support formed around 172.310. – As Wednesday Daily candle closed back within the range it would be ideal to wait for confirmation before taking positions and to manage risk accordingly.