GBPJPY Technical Analysis 20th August 2025 1h chart

GBPJPY Technical Analysis 20th August 2025 1h chart
– Tuesday Daily candle closed small Bearish at 199.180 as price continue to range and candles printing side by side on the Daily timeframe.

– I’ll be looking for potential Buys above 199.240 targeting 4h Resistance formed at 199.670 Leaving Runners to the 4h Resistance formed at 200.100.


– I’ll be looking for potential Sells below 198.730 targeting Hourly Support at 198.280 Leaving Runners to the 4h Strong Support formed at 197.720.


– CPI news hits right before the London session — will this be the catalyst to spark volatility and break the current range?