GBPJPY Technical Analysis 22nd January 2026 1h chart

GBPJPY Technical Analysis 22nd January 2026 1h chart
– GBPJPY concluded today’s session with relatively ranging price action. Throughout the day, the pair struggled to find a clear directional bias, with price remaining largely confined within the no-trade zone established in our previous analysis.

– I’ll be looking for potential Buys above 212.750 targeting Daily Resistance at 213.400 Leaving Runners to the 4h Resistance formed at 214.080.

– I’ll be looking for potential Sells below 212.290 targeting 4h Support formed at 211.870 Leaving Runners to the Hourly Support formed at 211.450.

– As we head into the next session, the objective remains the same: patience. Today’s consolidation inside the no-trade zone reminds us that the best trade is often no trade at all. We will continue to monitor the range for a breakout.