GBPJPY Technical Analysis 3rd July 2025 1h chart

GBPJPY Technical Analysis 3rd July 2025 1h chart
– Wednesday Daily candle closed strong Bearish at 195.700 as price comes back to the Daily Range.

– I’ll be looking for potential Buys above 196.250 targeting previous Hourly Support formed at 196.900 Leaving Runners to the Daily Rejection formed at 197.550.


– I’ll be looking for potential Sells below 195.500 targeting 30min Support formed at 194.850 Leaving Runners to the 4h Support formed at 194.300.


– Major weekly retracement underway as price pulls back into the daily range.