GBPJPY Technical Analysis 13th August 2025 1h chart

GBPJPY Technical Analysis 13th August 2025 1h chart
– Tuesday Daily candle closed small Bullish at 199.550 tapping into the strong Key Level of 200s then rejecting and retracing back below.

– I’ll be looking for potential Buys above 199.890 targeting Strong Key Level around 200.500 Leaving Runners to the 4h Resistance formed on 24th July 2024 around 201.000.


– I’ll be looking for potential Sells below 199.140 targeting 4h Support at 198.400 Leaving Runners to the 4h Strong Support formed at 197.720.


– Price taps into the 200s key level and rejects — is this the start of a reversal or just a pause before the next push?