GBPJPY Technical Analysis 30th June 2025 1h chart

GBPJPY Technical Analysis 30th June 2025 1h chart
– Previous Weekly candle closed strong Bullish at 198.220 within Weekly Resistance formed in December 2024, Friday Daily candle closed Doji Bullish as price ranged again within the 4h timeframe.

– I’ll be looking for potential Buys above 198.700 targeting Daily Resistance formed on 6th November 2024 around 199.120 Leaving Runners to the next Daily Resistance formed on 27th October 2024 around 199.800.


– I’ll be looking for potential Sells below 197.880 targeting Daily Support at 197.220 Leaving Runners to the 4h previous Resistance formed at 196.580.


– Weekly candle closed bullish, reaching a new yearly high — the highest level since December last year. Will momentum carry price higher, or is a pullback due?