GBPJPY Technical Analysis 8th July 2025 1h chart

GBPJPY Technical Analysis 8th July 2025 1h chart
– Monday Daily candle closed strong Bullish at 198.560 closing above recent Daily Resistance.

– I’ll be looking for potential Buys above 199.000 targeting Daily Resistance formed on 29th October 2025 around 199.600 Leaving Runners to the Strong Key Level around 200s.


– I’ll be looking for potential Sells below 198.280 targeting Hourly Support at 197.800 Leaving Runners to the 4h Support formed at 197.360.


– Price has broken above the previous monthly high, signalling strong bullish momentum. Will this breakout hold and lead to further upside?