GBPJPY Technical Analysis 28th February 2025 1h chart

GBPJPY Technical Analysis 28th February 2025 1h chart
– Thursday Daily candle closed weak Bearish at 188.740 forming a huge Rejection to the upside at 190.110.

– I’ll be looking for potential Buys above 188.980 targeting Hourly Resistance formed at 189.560 Leaving Runners to the 4h Resistance formed at 190.000.


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


– Price continues to range for the 4th day in a row on the daily timeframe as the February monthly candle nears its close. Sell ideas remain unchanged from the previous daily analysis. Will the March monthly candle bring more volume and finally break the range?