GBPJPY Technical Analysis 21st March 2025 1h chart

GBPJPY Technical Analysis 21st March 2025 1h chart
– Thursday Daily candle closed Bearish at 192.890 retesting previous Daily Resistance formed last week.

– I’ll be looking for potential Buys above 193.100 targeting Hourly Resistance formed at 193.520 Leaving Runners to the Daily Resistance formed at 194.030.


– I’ll be looking for potential Sells below 192.600 targeting Hourly Support formed at 192.170 Leaving Runners to the 4h Support formed at 191.730.


– Bank Of England keeps rates unchanged and price reacts with a retracement. The weekly chart already showing signs of pullback.