GBPJPY Technical Analysis 23rd June 2025 1h chart

GBPJPY Technical Analysis 23rd June 2025 1h chart
– Previous Weekly candle closed Bullish at 196.400 closing above recent Weekly Resistance, Friday Daily candle closed Bullish within Daily Range.

– I’ll be looking for potential Buys above 196.700 targeting Daily Resistance formed on 6th January 2025 around 197.200 Leaving Runners to the 4h Resistance formed at 197.500.


– I’ll be looking for potential Sells below 196.050 targeting 4h Rejection formed at 195.690 Leaving Runners to the Hourly Support formed at 195.340.


– Weekly closed strong, but daily still trapped in a tight range. No momentum yet — staying patient for the break.