GBPJPY Technical Analysis 23rd April 2025 1h chart

GBPJPY Technical Analysis 23rd April 2025 1h chart
– Tuesday Daily candle closed Bullish at 188.700 forming a Rejection to the downside as price continue to range within Daily timeframe.

– I’ll be looking for potential Buys above 188.800 targeting Daily Resistance at 189.300 Leaving Runners to the Hourly Resistance formed on 4th April 2025 around 189.990.


– I’ll be looking for potential Sells below 188.300 targeting 4h Support formed at 187.900 Leaving Runners to the Hourly Support formed at 187.550.


– High-impact news ahead for the Pound Sterling with Flash Manufacturing and Services PMI on deck. Will this data be the catalyst that finally breaks price out of the current daily range, or will consolidation continue?