GBPJPY Technical Analysis 19th August 2025 1h chart

GBPJPY Technical Analysis 19th August 2025 1h chart
– Monday Daily candle closed weak Bullish at 199.660 as price rejects the upside.

– I’ll be looking for potential Buys above 199.750 targeting Hourly Resistance at 200.120 Leaving Runners to the previous 4h Support formed on 23rd July 2024 around 200.650.


– I’ll be looking for potential Sells below 199.350 targeting 4h Support formed at 198.930 Leaving Runners to the next 4h Support formed at 198.400.


– Daily chart shows rejection to the upside, signaling hesitation from buyers — will sellers take control next, or is this just a pause before another push higher?