GBPJPY Technical Analysis 3rd April 2025 1h chart

GBPJPY Technical Analysis 3rd April 2025 1h chart
– Wednesday Daily candle closed weak Bearish at 194.030 forming a huge rejection to the upside.

– I’ll be looking for potential Buys Above 194.030 targeting 4h Resistance at 194.850 Leaving Runners to the 15min Resistance formed at 195.500.


– I’ll be looking for potential Sells below 192.870 targeting Daily Rejection formed on Tuesday at 192.200 Leaving Runners to the Daily Support formed on 13th February 2025 around 191.310.


– Massive daily rejection as price fails to hold above the previous weekly high! Is this the start of a deeper pullback, or will buyers step back in?