GBPJPY Technical Analysis 26th February 2025 1h chart

GBPJPY Technical Analysis 26th February 2025 1h chart
– Tuesday Daily candle closed weak Bearish at 188.710 forming Daily Resistance at 188.950 and rejecting the 189.750.

– I’ll be looking for potential Buys Above 188.950 targeting 4h Strong Resistance formed at 189.430 Leaving Runners to the previous Hourly Support formed at 190.000 strong Key Level.


– I’ll be looking for potential Sells below 188.270 targeting 4h Support formed at 187.820 Leaving Runners to the Daily Support formed at 187.160.


– Price continues to range on the 4H timeframe while rejecting the upside on the daily. Will we see a breakout, or is more consolidation ahead?