GBPJPY Technical Analysis 18th February 2025 1h chart

GBPJPY Technical Analysis 18th February 2025 1h chart
– Monday Daily candle closed weak Bearish again at 191.230 as price forms a new 4h range for the new week ahead.

– I’ll be looking for potential Buys Above 191.430 targeting 4h Strong Resistance formed at 192.030 Leaving Runners to the Daily Resistance formed on 3rd February 2025 around 192.660.


– I’ll be looking for potential Sells below 190.730 targeting previous 4h Resistance formed at 190.270 Leaving Runners to the Hourly Support formed at 189.640.


– Daily price action remains range-bound above the 190s level. Ideally, waiting for strong volume to enter the market for better trading opportunities.