GBPJPY Technical Analysis 11th February 2025 1h chart

GBPJPY Technical Analysis 11th February 2025 1h chart
– Monday Daily candle closed Weak Bullish at 187.960 forming weak Daily Support formed at 187.100.

– I’ll be looking for potential Buys Above 188.100 targeting 15min Resistance formed at 188.520 Leaving Runners to the Hourly Resistance formed at 188.950.


– I’ll be looking for potential Sells below 187.610 targeting 15min Support formed at 187.100 Leaving Runners to the 4h Rejection formed on 18th September 2024 around 186.680.


– Monday’s daily candle closed weak bullish, still respecting the previous weekly low and forming weak daily support. Will this level hold for a potential reversal, or is further downside still in play?