GBPJPY Technical Analysis 14th February 2025 1h chart

GBPJPY Technical Analysis 14th February 2025 1h chart
– Thursday Daily candle closed Doji Bullish at 192.040 as price overall ranged on the 4h timeframe.

– I’ll be looking for potential Buys above 192.330 targeting Hourly Resistance at 192.990 Leaving Runners to the Daily Resistance formed around 193.470.


– I’ll be looking for potential Sells below 191.450 targeting Hourly Strong Support formed at 191.000 Leaving Runners to the previous Hourly Resistance formed on 6th February 2025 around 190.500.


– Price remained range-bound on Thursday while testing the previous weekly rejection high. With the weekly close ahead, will we see a breakout or a rejection?