GBPJPY Technical Analysis 11th April 2025 1h chart

GBPJPY Technical Analysis 11th April 2025 1h chart
– Thursday Daily candle closed Bearish at 187.180 forming Daily Resistance at 188.870 as price forms a range on the Daily timeframe.

– I’ll be looking for potential Buys above 187.820 targeting 4h Resistance at 188.550 Leaving Runners to the Hourly Resistance formed at 189.210.


– I’ll be looking for potential Sells below 186.740 targeting previous Hourly Support formed at 185.940 Leaving Runners to the previous Hourly Resistance formed at 185.300.


– Price action showing signs of slowdown as the daily timeframe begins to form a range. Will we see a breakout soon or continued consolidation?