GBPJPY Technical Analysis 15th July 2025 1h chart

GBPJPY Technical Analysis 15th July 2025 1h chart
– Monday Daily candle closed weak Bearish at 198.280 rejecting the upside as price overall range on the 4h timeframe.

– I’ll be looking for potential Buys above 198.660 targeting 4h Resistance formed at 199.060 Leaving Runners to the Daily Rejection formed at 199.470.


– I’ll be looking for potential Sells below 198.150 targeting Hourly Support formed at 197.750 Leaving Runners to the 4h Support formed at 197.350.


– Daily price action remains range-bound on the 4H timeframe, but bearish structure is starting to take shape. With downside momentum building, the sell setups are looking more promising.