GBPJPY Technical Analysis 24th June 2025 1h chart

GBPJPY Technical Analysis 24th June 2025 1h chart
– Monday Daily candle closed Bullish at 197.520 breaking above recent Daily Range trading above Monthly Resistance.

– I’ll be looking for potential Buys above 198.030 targeting Daily Rejection formed on 18th December 2024 around 197.970 Leaving Runners to the Daily Resistance formed on 29th October 2024 around 199.600.


– I’ll be looking for potential Sells below 197.250 targeting 30min Support formed at 196.670 Leaving Runners to the 4h Support formed at 196.050.


– Price has finally broken out of the daily range and is now trading within a key monthly resistance zone. Will bulls push through or is a rejection coming?