GBPJPY LONG IDEA GBP/JPYOANDA:GBPJPYPantosFXI’m looking at GBPJPY on the 1H. The market pushed up strong a few days ago, then started correcting and printing lower highs. So short term structure turned bearish after that top. Now price retraced back into the 0.50 area around 209.70. That level lines up with previous structure and acts like a decision point. I marked that as the zone where I want to see reaction. We got a sharp move down into 209.50 and immediate rejection. That tells me there are buyers defending this area. It looks like liquidity was taken below the short term lows and price snapped back up. For me this is a possible shift. If price holds above 209.50 and starts breaking minor lower highs, I’m looking for longs. The idea is that the correction might be over and we could expand higher. The upside target for me is around 212.10 which is the previous high and obvious liquidity. That’s where stops are sitting. So if buyers take control, that’s the magnet. My plan would be simple. As long as we hold above 209.50 and don’t break down with strong bearish candles, I look for confirmation on lower timeframe and enter long targeting the highs. If price loses 209.50 clean and closes below it with momentum, then the long idea is invalid and I step aside because that would mean sellers are still in control.