GBPJPY Technical Analysis 13th February 2025 1h chart

GBPJPY Technical Analysis 13th February 2025 1h chart
– Wednesday Daily candle closed strong Bullish at 192.160 tapping into Daily Resistance formed at the beginning of the month.

– I’ll be looking for potential Buys above 192.600 targeting 4h Resistance formed on 4th February 2025 around 193.180 Leaving Runners to the 4h Resistance formed on 28th January 2025 around 193.800.


– I’ll be looking for potential Sells below 191.800 targeting strong Hourly Support formed at 191.050 Leaving Runners to the previous 4 Resistance formed at 190.320.


– Strong bullish momentum continues on the daily timeframe, holding above the previous weekly support. Will buyers maintain control for further upside, or is a retracement ahead?