GBPJPY Technical Analysis 9th April 2025 1h chart

GBPJPY Technical Analysis 9th April 2025 1h chart
– Tuesday Daily candle closed Bearish at 186.640 forming Daily Resistance at 187.910 as price broke out of the 4h recent range.

– I’ll be looking for potential Buys above 187.450 targeting Hourly Resistance at 188.450 Leaving Runners to the 4h Resistance formed at 188.950.


– I’ll be looking for potential Sells below 186.100 targeting 4h rejection formed on 17th September 2024 at 185.300 Leaving Runners to the Daily Support formed on 15th September 2024 around 184.630.


– Price struggling to break below Monday’s low. Patience is key. Waiting for strong confirmation before taking a position.