GBPJPY Technical Analysis 25th February 2025 1h chart

GBPJPY Technical Analysis 25th February 2025 1h chart
– Monday Daily candle closed weak Bullish at 188.990 forming weak Daily Support at 188.420 as price ranged on the 4h timeframe.

– I’ll be looking for potential Buys Above 189.390 targeting Hourly Resistance formed at 190.220 Leaving Runners to next Hourly Resistance formed at 190.760.


– I’ll be looking for potential Sells below 188.630 targeting 4h Rejection formed at 188.200 Leaving Runners to the Hourly Support formed at 187.500.


– Price tested the previous weekly low, but strong rejection led to a sharp retracement back up. Will buyers take control, or is another push down coming?