GBPJPY BULLISH OR BEARISH? TRADE IDEA

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GBPJPY Trade Idea | 1H Timeframe
Price recently tapped into a key supply zone / resistance trendline confluence, showing signs of a potential rejection from the liquidity grab area marked in yellow.

🔹 Liquidity Sweep above recent highs observed.
🔹 Price is reacting from the supply zone, indicating bearish intent.
🔹 Sell-side liquidity range marked below as potential target zone.
🔹 Expecting price to drop further toward 191.500 – 191.300 range after this minor pullback.

🎯 Entry: Around 192.400
🛑 SL: Above 193.300
✅ TP: 191.300 – Risk-Reward ~3.5R

A clean rejection setup after liquidity manipulation – following smart money concept.

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#GBPJPY #SmartMoneyConcept #LiquiditySweep #ForexAnalysis #PriceAction #SMC #ForexTrading #SupplyAndDemand

Feragatname

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