GBPJPY Technical Analysis 04.08.2023 1h chart – Previous Daily candle closed Bearish at 181.060 respecting Daily Resistance formed on Wednesday at 183.060. – Buys on close above 181.430 targeting 1h previous Support formed at 181.860, Leaving Runners to the Weekly Resistance formed at 182.230. – Sells on close below 180.510 targeting 4h previous Support formed on 20th July 2023 at 180.000, Leaving Runners to the 1h previous Strong Support formed on 12th July 2023 at 179.540. – Huge Rejection on the Weekly candle rejecting the Weekly and Monthly Resistance, would be good to see the Friday forming minor Support, then have the next weekly candle continue the Bearish momentum.