GBPJPY H4 SELL OUTLOOKBritish Pound/Japanese YenFX:GBPJPYKosywilsonGBPJPY (H4 Outlook) 👀 The pair is currently showing signs of indecision after recent bullish momentum, and price action suggests we could see a retracement before the next directional move. Two key scenarios are worth paying close attention to: Potential Pullback to Premium Levels Price may retest the 200.500–200.800 region, which aligns with a short-term premium zone. If this area holds as resistance, it could serve as a valid point for sellers to step back into the market. Respect of the FVG at 200.000 Alternatively, price could respect the Fair Value Gap (FVG) around 200.000, triggering bearish continuation earlier than expected. This would require confirmation via bearish order flow — such as a shift in market structure or rejection patterns on lower timeframes. If confirmed, the downside target remains the 198.400–198.000 demand zone, which is a strong liquidity area and potential take-profit region for shorts. Overall, patience is key here. Waiting for the right confirmation will allow traders to align with the prevailing market sentiment rather than anticipating prematurely.