GBPJPY Technical Analysis 29th July 2024 1h chart

– Previous Weekly candle closed strong Bearish at 197.730 closing below most recent Weekly Support, Friday Daily candle closed Doji Bearish as price mostly ranged on the 4h timeframe. I’ll be looking for potential Buys above 198.110 targeting 4h Resistance formed around 198.600 Leaving Runners to the 1h previous Support formed on 24th July 2024 around 199.210. I’ll be looking for potential Sells below 197.290 targeting 4h Support around 196.730 Leaving Runners to the Hourly Support formed around 195.950. Ideally is to allow the Asian session to form a new Range for the new week ahead and wait for price to break out of the 4h range.