GBPJPY Sell British Pound / Japanese YenEIGHTCAP:GBPJPYForex_Int🔎 Key Levels Resistance: 201.264 (major resistance / swing high) 200.376 – 200.337 (supply zone) Support: 199.037 (minor support) 196.809 – 196.364 (major support zone) 📊 Market Structure Price formed a lower high after rejection from 201.264. A Break of Structure (BOS) appeared below 199.037 → bearish bias. Currently price is pulling back into the 200.3 supply area. 🎯 Trade Plan Entry (Sell, conservative): 200.3 – 200.37 Stop Loss (SL): Above 201.26 Take Profit (TP): TP1 → 199.03 TP2 → 196.80 TP3 → 196.36 Risk-to-Reward (RR): approx. 1:2 – 1:3 if entered near supply. --- ⚠️ Disclaimer: This analysis is for educational purposes only. It is not financial advice or a guaranteed trading signal. Always manage risk and trade responsibly.