GBPJPY Technical Analysis 29th April 2025 1h chart

GBPJPY Technical Analysis 29th April 2025 1h chart
– Monday Daily candle closed Bearish at 190.730 forming weak Daily Resistance at 191.020 as price ranged overall on the 4h timeframe.

– I’ll be looking for potential Buys above 191.550 targeting previous Hourly Support formed on 3rd April 2025 around 192.230. Leaving Runners to the 30min Resistance formed on 3rd April 2025 around 193.060.


– I’ll be looking for potential Sells below 190.540 targeting Strong Key Level at 190.000 Leaving Runners to the 4h Support formed at 189.420.


– The first daily candle of the week closed with overall ranging price action. Will we see a breakout in the coming sessions, or will the range continue to hold? Patience is key.