GBPJPY Technical Analysis 25.07.2023 1h chart

– Previous Daily candle closed Bearish at 181.370 forming Daily Resistance at 182.220.
– Buys on close above 181.450 targeting 1h previous Support formed at 181.860, Leaving Runners to the Daily Resistance formed at 182.220.
– Sells on close below 180.900 targeting 1h Support at 180.470, Leaving Runners to the Daily Support formed on Friday last week at 180.140.
– As Daily formed Resistance and retraced, there is still a good probability for price to retest Daily Support formed on Friday last week.
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