GBPJPY Technical Analysis 20th June 2025 1h chart

GBPJPY Technical Analysis 20th June 2025 1h chart
– Thursday Daily candle closed Bullish at 195.660 forming Daily Support at 194.660 as price retrace back to the Daily Range.

– I’ll be looking for potential Buys above 195.950 targeting Daily Resistance formed on 16th June 2025 around 196.510 Leaving Runners to the next Daily Resistance level formed on 6th January 2025 around 197.170.


– I’ll be looking for potential Sells below 195.200 targeting Daily Support formed at 194.660 Leaving Runners to the 4h Strong Support formed at 194.100.


– Bullish daily close back inside the range. Still no clear direction — waiting for volume and breakout confirmation.