GBPJPY Technical Analysis 31st January 2025 1h chart

GBPJPY Technical Analysis 31st January 2025 1h chart
– Thursday Daily candle closed strong Bearish at 191.520 breaking below recent Daily range as weekly retraces.

– I’ll be looking for potential Buys above 191.720 targeting Hourly Resistance at 192.300 Leaving Runners to the previous 4h Support formed at 192.700.


– I’ll be looking for potential Sells below 191.040 targeting Hourly Strong Support formed on 21st January 2025 around 190.600 Leaving Runners to the strong Key Level around 190.000.


– With just one day left before both the weekly and January monthly candles close, expect volume to be choppy and price action unpredictable. As liquidity shifts, staying cautious is key , wait for clear confirmations before making any moves!