GBP/JPY - 1H Analysis & Key Levels

📉 GBP/JPY - 1H Analysis & Key Levels

🔴 H1 Supply Zone: 192.905 - 193.027
🟢 Demand Zones: 192.566 - 192.150

📊 Possible Scenarios:
1️⃣ Bearish Rejection: If price rejects the 192.905 - 193.027 supply zone, we may see a move toward retracement levels at 192.566 - 192.150.
2️⃣ Break & Retest: A breakout above 193.027 could indicate further bullish continuation.

💡 Trading Plan:
✅ Watch for rejection at 192.905 - 193.027 for potential short entries.
✅ Monitor 192.566 - 192.150 as possible buy zones on retracements.
✅ A confirmed break below 192.000 could signal further downside towards 190.500.

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