GBPJPY Technical Analysis 14th July 2025 1h chart

GBPJPY Technical Analysis 14th July 2025 1h chart
– Previous Weekly candle closed Bullish at 198.840 breaking above recent Weekly Resistance and forming new Weekly Support around 196.980. Friday Daily candle closed weak Bullish as price form small range on the Daily timeframe.

– I’ll be looking for potential Buys above 199.400 targeting Strong Key Level around 200.000 Leaving Runners to the previous 4h Support formed on 23rd July 2024 around 200.650.


– I’ll be looking for potential Sells below 198.450 targeting previous Daily Resistance at 197.900 Leaving Runners to the 4h Support formed at 197.350.


– Bullish weekly close inside the daily range… looks like a pullback might be coming on the daily.