GBPJPY Technical Analysis 7th March 2025 1h chart

GBPJPY Technical Analysis 7th March 2025 1h chart
– Thursday Daily candle closed Bearish at 190.510 forming Daily Resistance around 191.950 as price holds recent Daily Resistance.

– I’ll be looking for potential Buys above 190.720 targeting 30min Resistance formed at 191.950 Leaving Runners to the Daily Resistance formed at 191.950.


– I’ll be looking for potential Sells below 189.930 targeting 15min Support formed at 189.450 Leaving Runners to the Daily Strong Support formed at 188.730.


– After breaking through recent weekly resistance, price is now retracing back into the range. Will it consolidate before making the next move, or is a breakout on the horizon?