GBPJPY Technical Analysis 30th May 2025 1h chart

GBPJPY Technical Analysis 30th May 2025 1h chart
– Monday Daily candle closed Bearish at 194.430 forming Daily Resistance at 195.050 leaving a huge Rejection to the upside.

– I’ll be looking for potential Buys above 194.640 targeting Daily Resistance at 195.050 Leaving Runners to the Hourly Resistance formed at 195.580.


– I’ll be looking for potential Sells below 194.000 targeting previous 4h Support formed around 193.540 Leaving Runners to the Hourly Support formed at 193.120.


– Huge Rejection to the upside on the Daily timeframe as price form Daily Resistance, currently Weekly retracing and coming back to the range, will be interesting to see another Weekly rejecting the upside.