GBPJPY Technical Analysis 13th March 2025 1h chart

GBPJPY Technical Analysis 13th March 2025 1h chart
– Wednesday Daily candle closed Bullish at 192.130 within Daily Resistance level leaving a slight Rejection wick to the upside.

– I’ll be looking for potential Buys above 192.380 targeting 4h Resistance at 193.010 Leaving Runners to the Daily Resistance formed on 28th January 2025 around 193.480.


– I’ll be looking for potential Sells below 191.830 targeting 4h Support at 191.430 Leaving Runners to the previous 1h Resistance formed at 190.930.


– Although we are seeing daily bullish closes, the price continues to range within a broader consolidation zone. This indicates that, despite upward momentum, the market is still undecided and waiting for a clear breakout or shift in direction to confirm the next major move.