GBPJPY Technical Analysis 9th October 2025 1h chart

GBPJPY Technical Analysis 9th October 2025 1h chart
– Wednesday Daily candle closed Bullish at 204.630 as the Bullish momentum continues almost reaching the Weekly Resistance formed in July 2024.

– I’ll be looking for potential Buys above 205.030 targeting previous Daily Support formed on 7th July 2024 around 205.650 Leaving Runners to the Daily Rejection formed on 11th July 2024 around 206.320.


– I’ll be looking for potential Sells below 204.330 targeting Hourly Strong Support formed at 203.820 Leaving Runners to the 30min Support formed at 203.170.


– For the first time since July last year, price is testing a major weekly resistance zone. Will history repeat itself or will the bulls push through?