GBPJPY Technical Analysis 22nd May 2025 1h chart

GBPJPY Technical Analysis 22nd May 2025 1h chart
– Wednesday Daily candle closed Bearish at 192.760 as price trading within the 4h range.

– I’ll be looking for potential Buys above 192.880 targeting Hourly Resistance at 193.230 Leaving Runners to the 4h Resistance at 193.640.


– I’ll be looking for potential Sells below 192.380 targeting Hourly Support at 191.980 Leaving Runners to the next Hourly Support around 191.630.


– Price continues to consolidate on the daily timeframe, with the 4H chart also showing an extended range. The market remains in wait-and-see mode — no clear direction yet. With high-impact news on the horizon, we could finally see a breakout from this tight structure. Will the news be the catalyst to spark volatility and send price trending again? Stay sharp.