GBPJPY Technical Analysis 6th June 2025 1h chart

GBPJPY Technical Analysis 6th June 2025 1h chart
– Thursday Daily candle closed Bullish at 194.670 printing side by side on the Daily timeframe as price fail to continue Bullish.

– I’ll be looking for potential Buys above 195.390 targeting Hourly Resistance at 196.040 Leaving Runners to the previous 4h Support formed on 8th January 2025 around 196.840.


– I’ll be looking for potential Sells below 194.550 targeting Hourly Rejection formed at 194.040 Leaving Runners to the Hourly Support formed at 193.540.


– Once again, the weekly candle is rejecting the upside — a sign that buyers are struggling to break through key resistance. Is this just a pause before continuation, or the early signs of a deeper shift in momentum?