GBPJPY BEST INTRADAY SETUP

This analysis focuses on the GBP/JPY 1-hour chart, highlighting key supply and demand zones.

Resistance Zone (191.600 - 192.000): If price retraces to this level, a rejection could lead to a further drop.
Support Zone (190.200 - 190.400): Price is currently reacting to this area. A break below could trigger a deeper move.
Major Demand Zone (189.500 - 189.700): If the current support fails, price may head toward this strong demand area, potentially providing a long opportunity.
Possible Scenarios:
Bullish Case: If price holds above 190.400 and breaks the 191.600 resistance, we could see an upward push.
Bearish Case: A rejection from 191.600 or a break below 190.200 may lead to a drop toward 189.600.
Stay cautious and watch price action confirmations before entering trades! 🚀