GBPJPY Technical Analysis 24th February 2025 1h chart

GBPJPY Technical Analysis 24th February 2025 1h chart
– Previous Weekly candle closed Bearish at 188.530 forming Weekly Resistance formed at 191.420, Friday Daily candle closed Bearish forming a huge Rejection to the upside.

– I’ll be looking for potential Buys Above 189.020 targeting 30min previous Support at 189.660 Leaving Runners to the 4h Strong Resistance formed at 190.360.


– I’ll be looking for potential Sells below 188.140 targeting Hourly Support formed at 187.500 Leaving Runners to the Weekly Support formed at 187.000.


– With the weekly closing bearish and the monthly still holding bearish, we enter the final week of February. Will price break below the monthly range ?