GBPJPY Technical Analysis 21st January 2025 1h chart

GBPJPY Technical Analysis 21st January 2025 1h chart
– Monday Daily candle closed strong Bullish at 191.700 respecting recent Daily Support.

– I’ll be looking for potential Buys above 192.000 targeting 4h Resistance formed at 192.400 Leaving Runners to the Daily Resistance formed at 192.970.


– I’ll be looking for potential Sells below 191.370 targeting 1h previous Resistance formed at 190.840 Leaving Runners to the 4h Support formed at 190.280.


– High impact news ahead! As we approach the pre-London session, keep an eye on the Claimant Count Change and Average Earnings Index 3m/y data for Pound Sterling. These key releases could set the tone for GBP volatility.