GBPJPY Technical Analysis 17th October 2025 1h chart

GBPJPY Technical Analysis 17th October 2025 1h chart
– Thursday Daily candle closed Bearish at 202.890. as price continue to range on the Daily candle.

– I’ll be looking for potential Buys above 202.250 targeting previous 30min Resistance formed at 202.710 Leaving Runners to the 4h Resistance formed at 203.240.


– I’ll be looking for potential Sells below 201.640 targeting 4h Support formed at 201.220 Leaving Runners to the previous Daily Resistance formed on 18th September 2025 around 200.650.


– Daily closed bearish candle and the range-bound price action on the four-hour timeframe set the stage for waiting for confirmation.