GBPJPY Technical Analysis 31st March 2025 1h chart

GBPJPY Technical Analysis 31st March 2025 1h chart
– Previous Weekly candle closed small Bullish at 193.680 leaving a huge Rejection to the upside. Friday Daily candle closed Bearish forming Daily Resistance at 195.390 as price continues to form a Range on the Daily timeframe.

– I’ll be looking for potential Buys above 194.000 targeting Hourly Resistance at 194.500 Leaving Runners to the 4h Resistance formed at 195.000.


– I’ll be looking for potential Sells below 193.350 targeting previous 4h Resistance formed at 192.830 Leaving Runners to the 4h Support formed at 192.320.


– Last week’s candle closed weak bullish with an upside rejection. As the month nears its end, the big question is—how will this monthly candle close? Bullish continuation or signs of exhaustion?