GBPJPY Technical Analysis 3rd June 2025 1h chart

GBPJPY Technical Analysis 3rd June 2025 1h chart
– Monday Daily candle closed small Bearish at 193.190 as price ranged on the 4h timeframe in a downtrend.

– I’ll be looking for potential Buys above 193.800 targeting Hourly Resistance at 193.800 Leaving Runners to the previous Hourly Resistance formed at 194.170.


– I’ll be looking for potential Sells below 192.960 targeting Hourly Support at 192.490 Leaving Runners to the 4h Support formed at 192.000.


– The daily chart has been ranging with no clear direction, highlighting the importance of patience in these kinds of market conditions. Rather than forcing a position, the ideal approach is to wait for strong confirmation.