GBPJPY: Bullish Structure Still Intact

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GJ created a new HH then turned sideways. More consolidation or a deeper pull back could be seen before the next rally.

Last BOS: Break above 199.70 → confirmed bullish strength
H4 Demand Zone (Pullback): 198.30–198.60
Liquidity Above: Clean pools at 200.30 – 200.70

H1 Key Zone: 198.60–198.90 (H1 OB + unfilled FVG) → currently being tested.
Momentum Trigger: BOS above 199.30 to confirm buyers stepping back in.

M15 Micro-Structure: Slightly bearish (short-term), sweeping liquidity under 198.80.
What to Watch: M15 bullish BOS above 199.10–199.30 for intraday buy confirmation.


🟢Entry Zone 198.30 – 198.60
SL 197.90
TP1 199.70
TP2 200.30
TP3 201.00

❌ Bullish Invalidation
H1 close below 197.90 → bullish bias neutralized, expect deeper retrace into 197.20 – 197.50.

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