GBPJPY Technical Analysis 1st October 2026 1h chart

GBPJPY Technical Analysis 1st October 2026 1h chart
– Monthly candle closed strong Bearish forming Monthly Resistance at 216.300. Wednesday Daily candle closed Bullish at 208.790 as price retrace back in the range.

– I’ll be looking for potential Buys above 208.950 targeting 4h Resistance at 209.350 Leaving Runners to the Daily Resistance formed at 209.780.


– I’ll be looking for potential Sells below 208.550 targeting Daily Support at 208.040 Leaving Runners to the Strong Key Level at 207.500.


– Despite the monthly closing strongly bearish, the daily is still ranging. We need a clear breakout and volume to confirm the next major move.