GBPJPY Technical Analysis 21st August 2025 1h chart

GBPJPY Technical Analysis 21st August 2025 1h chart
– Wednesday Daily candle closed Bearish at 198.220 breaking below Daily Range.

– I’ll be looking for potential Buys above 198.500 targeting 4h Resistance formed at 199.250 Leaving Runners to the next 4h Resistance formed at 199.720.


– I’ll be looking for potential Sells below 197.860 targeting 4h Rejection formed at 197.360. Leaving Runners to the 4h Support formed at 196.700.


– Flash Manufacturing PMI and Flash Services PMI could provide the volatility needed to push price beyond key levels — will the news fuel a breakout or extend the range?