GBPJPY Technical Analysis 9th January 2026 1h chart

GBPJPY Technical Analysis 9th January 2026 1h chart
– As anticipated in our last analysis, Thursday Daily candle closed weak Bearish as the market entered a phase of low volatility, with price consolidating within the no trade zone. we successfully avoided the ‘choppy’ price action that often leads to premature stop-outs in non-trending environments.

– I’ll be looking for potential Buys on clean break above 211.130 targeting 4h Resistance at 211.750 Leaving Runners to the Daily Rejection formed at 212.150.


– I’ll be looking for potential Sells below 201.590 targeting 4h Rejection formed at 210.000 Leaving Runners to the Key Level around 209.500.


– In summary, the market respected our technical boundaries throughout the week. If price close out the week within the no-trade zone serves as a reminder that ‘no trade’ is often a successful trade in itself. All eyes on how Friday price action plays out.