British Pound / Japanese Yen
Long
Updated

GBPJPY H4 Accumulation Zone – Ready for Bullish Breakout

191
GBPJPY H4 Analysis – Bullish Setup Forming After Accumulation

Price is currently consolidating above a fresh demand zone after a strong impulse move. This is likely a bullish accumulation phase before continuation to the upside.

We're watching for a liquidity grab below the range, followed by bullish confirmation for entry.

🔍 Trade Plan:
Buy Zone: 196.95 – 197.20

Confirmation: Bullish rejection or BOS on 15m–1H

Stop Loss: Below 196.70

Targets:

TP1: 198.30

TP2: 199.00

Final TP: 199.60+

📚 Concepts in Play:
Accumulation

Demand Zone

Liquidity Sweep

Break of Structure

⚠️ Note:
Let price confirm with strong bullish structure before entry. Ideal entry after stop hunt and BOS.

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Note
GBPJPY RUNNING 70 PIPS PROFITS
Note
GBPJPY Running 120 pips profit guys
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