GBPJPY Technical Analysis 7th May 2025 1h chart

GBPJPY Technical Analysis 7th May 2025 1h chart
– Tuesday Daily candle closed weak Bearish at 190.300 as price hold above recent Daily Range.

– I’ll be looking for potential Buys above 190.670 targeting Hourly Resistance at 191.070 Leaving Runners to the 4h Resistance formed at 191.480.


– I’ll be looking for potential Sells below 190.070 targeting 4h Strong Support formed at 189.420 Leaving Runners to the Hourly Support formed on 23rd April 2025 around 189.000.


– Price continues to range within the recent Daily Support zone, showing hesitation to break lower. Will buyers step in to push price higher ?