GBPJPY Technical Analysis 27th February 2025 1h chart

GBPJPY Technical Analysis 27th February 2025 1h chart
– Wednesday Daily candle closed weak Bullish at 188.940 as price continues to range on the Daily timeframe.

– I’ll be looking for potential Buys above 189.150 targeting Hourly Resistance at 189.770 Leaving Runners to the 4h Resistance formed at 190.350.


– I’ll be looking for potential Sells below 188.430 targeting 4h Support formed at 187.830 Leaving Runners to the 4h Rejection formed at 187.230.


– Price continues to range within a tight zone, rejecting the upside. Will we see a breakout soon, or will price continue to range until the February monthly candle closes?