GBPJPY — Bias bullish.
Price broke significant highs around 196.846 with strong momentum and swept sell-side liquidity at 196.797. After mitigating a refined 30M order block between 195.405 – 195.349, price broke the major lower high signaling buy phase activation. Waiting for courtyard liquidity slash at 197.682 to trigger entry into refined OB zone 197.631 – 197.391. Targets are 5M highs at 198.842 and 30M highs at 199.979. Patience is key until market opens.
