GBPJPY Technical Analysis 23rd July 2025 1h chart

GBPJPY Technical Analysis 23rd July 2025 1h chart
– Tuesday Daily candle closed weak Bearish at 198.260 rejecting the downside and continuing the range on Daily timeframe.

– I’ll be looking for potential Buys above 198.480 targeting 4h Resistance at 199.120 Leaving Runners to the next 4h Resistance around 199.750.


– I’ll be looking for potential Sells below 197.650 targeting Daily Support at 196.920 Leaving Runners to the Hourly Strong Support formed at 196.370.


– Messy price action on the daily as the range holds. No clear direction yet