GBPJPY Technical Analysis 27th May 2025 1h chart

GBPJPY Technical Analysis 27th May 2025 1h chart
– Monday Daily candle closed Bullish at 193.630 closing within recent Daily Range as price continue to consolidate.

– I’ll be looking for potential Buys above 193.880 targeting Hourly Strong Resistance formed at 194.480 Leaving Runners to the 4h Resistance formed at 194.920.


– I’ll be looking for potential Sells below 193.250 targeting 4h Support at 192.740 Leaving Runners to the Hourly Support formed at 192.340.


– Price continues to range on the daily timeframe, showing little directional bias for now. All eyes on Bank of Japan Governor Ueda, who is set to deliver opening remarks at the BoJ Institute for Monetary Policy and Economic Studies conference in Tokyo. Could his comments be the catalyst that breaks the current range?