GBPJPY Technical Analysis 18th June 2025 1h chart

GBPJPY Technical Analysis 18th June 2025 1h chart
– Tuesday Daily candle closed strong Bearish at 194.940 as price reject the upside and form Daily Resistance at 196.310.

– I’ll be looking for potential Buys above 195.320 targeting previous 4h Support formed at 195.700 Leaving Runners to the 4h Resistance formed at 196.310.


– I’ll be looking for potential Sells below 194.820 targeting Hourly Support at 194.320 Leaving Runners to the 4h Rejection around 193.720.


– Daily resistance forming as price pulls back. CPI y/y data incoming — will inflation fuel momentum or stall the market?