GBPJPY Technical Analysis 18th December 2025 1h chart

GBPJPY Technical Analysis 18th December 2025 1h chart
– Wednesday Daily candle closed Bullish at 208.200 forming Daily Support at 207.590.

– I’ll be looking for potential Buys above 208.410 targeting Daily Resistance at 208.800 Leaving Runners to a Potential Key Level around 209.250.

– I’ll be looking for potential Sells below 207.860 targeting 4h Support at 207.260 Leaving Runners to the next 4h Support formed at 206.830.

– All eyes are on the Bank of England for the final interest rate review of the year. As we head into December, price could either build momentum for a year-end push or remain contained within its current structure. However, festive-season trading usually brings lower volume, meaning breakouts may lack follow-through and fake moves become more common.