GBPJPY Technical Analysis 15th May 2025 1h chart

GBPJPY Technical Analysis 15th May 2025 1h chart
– Wednesday Daily candle closed strong Bearish at 194.470 forming Daily Resistance at 196.130.

– I’ll be looking for potential Buys above 194.910 targeting previous Hourly Support formed at 195.940 Leaving Runners to the Hourly Resistance formed at 195.940.


– I’ll be looking for potential Sells below 194.110 targeting previous 4h Resistance formed at 193.340 Leaving Runners to the Hourly Support formed at 192.830.


– Strong daily resistance has formed as the market awaits key GDP data release.