GBPJPY Technical Analysis 12th June 2025 1h chart

GBPJPY Technical Analysis 12th June 2025 1h chart
– Wednesday Daily candle closed weak Bullish at 195.670 as price continue to range on Daily timeframe.

– I’ll be looking for potential Buys above 196.080 targeting previous Hourly Support formed on 8th January 2025 around 196.850 Leaving Runners to the 4h Resistance formed on 8th January 2025 around 197.530.


– I’ll be looking for potential Sells below 195.390 targeting Hourly Support formed at 194.930. Leaving Runners to the previous Daily Resistance formed at 194.470.


– The daily chart continues to range with no clear breakout in sight. In this kind of environment, the ideal approach is to stay patient and wait for a high-volume session paired with strong confirmation before entering any trades.