GBPJPY Technical Analysis 5th June 2025 1h chart

GBPJPY Technical Analysis 5th June 2025 1h chart
– Wednesday Daily candle closed Bearish at 193.420 forming strong Daily Resistance at 194.460 as price reject the upside.

– I’ll be looking for potential Buys above 193.670 targeting 30min Resistance at 194.330 Leaving Runners to the 4h Resistance formed at 194.950.


– I’ll be looking for potential Sells below 193.000 targeting 4h Support formed at 192.500 Leaving Runners to the next 4h Support formed at 192.000.


– Another rejection to the upside as the weekly candle pulls back once again. Price is showing hesitation near key resistance.