GBPJPY Technical Analysis 12th August 2025 1h chart

GBPJPY Technical Analysis 12th August 2025 1h chart
– Monday Daily candle closed small Bullish at 198.970 as price fail to push above the strong Daily Resistance formed recently.

– I’ll be looking for potential Buys above 199.100 targeting 4h Resistance formed at 199.600 Leaving Runners to the Strong Key Level at around 200s.


– I’ll be looking for potential Sells below 198.400 targeting 4h Support formed at 197.720 targeting 1h previous Resistance formed at 197.100.


– Price failed to push above recent strong Daily Resistance, we have important news for the pound sterling, will news help price break out of the range.