GBP-JPY DAILY ANALYSIS UPDATE 9TH FEB 2025

123
GBP-JPY DAILY ANALYSIS

We are in very sensitive trend direction.
So:
Breaking successfully of 187.653
will move us to: 186.567 then 185.769, which is strong support area, (breaking this support will push us down to 183.774 is the next strong support area)

Sell will be active below 187.653 in at least 1 hour, with targets 186.567-185.769-183.774

Attention any sell position must be closed at every supports lines and wait if break it , we can enter sell again to the next support. (market expected to jump up from any support number)

Buy positions only at 188.474 and retest it. with targets of: 189.332-190.963-192.770-194.75

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.