GBPJPY Technical Analysis 21st May 2025 1h chart

GBPJPY Technical Analysis 21st May 2025 1h chart
– Tuesday Daily candle closed Doji Bullish at 193.500 as price overall ranged within the No Trade Zone on the previous Analysis posted for Tuesday.

– I’ll be looking for potential Buys above 193.660 targeting Hourly Resistance at 194.040 Leaving Runners to the next Hourly Resistance around 194.500.


– I’ll be looking for potential Sells below 192.590 targeting 4h Support formed at 192.590 Leaving Runners to the 4h previous Resistance formed at 191.990.


– Price extended the range on the 4H timeframe, staying mostly within the No Trade Zone identified yesterday. Targets for both buys and sells remain unchanged — still waiting for a clear breakout.