GBPJPY Technical Analysis 22nd August 2025 1h chart

GBPJPY Technical Analysis 22nd August 2025 1h chart
– Thursday Daily candle closed Bullish at 198.940 forming Daily Support at 198.210 as price retrace back to the Daily Range.

– I’ll be looking for potential Buys above 199.250 targeting 4h Resistance formed at 199.700 Leaving Runners to the Daily Rejection formed at 200.260.


– I’ll be looking for potential Sells below 198.640 targeting Daily Support formed at 198.170 Leaving Runners to the 4h Support formed at 197.670.


– The weekly chart continues to range with no clear direction — will the upcoming sessions spark a breakout or keep price locked in consolidation?