GBPJPY Technical Analysis 7th October 2025 1h chart

GBPJPY Technical Analysis 7th October 2025 1h chart
– Monday Daily candle closed strong Bullish at 202.450 as price has finally broke and closed above strong Weekly Resistance that has been holding for Weeks.

– I’ll be looking for potential Buys above 203.000 targeting Daily Resistance formed on 18th July 2024 around 203.660 Leaving Runners to the Daily Rejection formed on 18th July 2024 around 204.200.


– I’ll be looking for potential Sells below 202.150 targeting 4h Support formed at 201.270 Leaving Runners to the Previous Daily Resistance formed at 200.600.


– Price has finally broken above the major key level that acted as strong resistance for several weeks. A significant breakout—now the question is whether the market can sustain this move or if a retest is coming. What will happen next?