GBPJPY Technical Analysis 17th November 2025 1h chart

GBPJPY Technical Analysis 17th November 2025 1h chart
– Previous Weekly candle closed Bullish at 203.540 closing within Weekly Resistance and forming Weekly Support at 202.070. Friday Daily candle closed weak Bearish forming a huge Rejection to the downside.

– I’ll be looking for potential Buys above 203.880 targeting 4h Resistance at 204.440 Leaving Runners to the next 4h Resistance formed at 204.850.


– I’ll be looking for potential Sells below 203.250 targeting 4h Support at 202.870 Leaving Runners to 202.330 to fill the Friday Daily Low.


– As Weekly Support formed there is a good probability for price to to continue Bullish to potentially retest Weekly Rejection formed at the beginning of October from last month.