GBPJPY Technical Analysis 1st May 2024 1h chart – Tuesday Daily candle closed small Bullish at 197.120 forming Daily Support at 196.390 and overall price have ranged on the 4h timeframe across the sessions. I’ll be looking for potential Buys above 197.380 targeting 4h Resistance around 198.000, Leaving Runners to 198.500 to potential retest a Key Level. I’ll be looking for potential Sells below 196.530 targeting 4h Support around 195.740 and next 4h Support around 195.100. Despite Daily closing small Bullish the probability for price to continue Bearish is much higher.