GBPJPY Technical Analysis 14th January 2025 1h chart

GBPJPY Technical Analysis 14th January 2025 1h chart
– Monday Daily candle closed weak Bearish at 191.970 rejecting the 190s level (Previous Weekly Support).

– I’ll be looking for potential Buys above 192.350 targeting Hourly Resistance at 192.750 Leaving Runners to the previous 4h Support formed on 12th December 2024 around 193.230.


– I’ll be looking for potential Sells below 191.740 targeting previous Hourly Resistance formed at 191.250 Leaving Runners to the next Hourly Support formed at 190.370.


– Weekly has already tapped into support and shown rejection, now the question is: will price retest and fill the wick on the daily, or push higher and continue bullish? Watching closely for the next move!