GBPJPY REJECTION ZONE — SELLERS IN FULL CONTROL!British Pound/Japanese YenFX:GBPJPYAM_AlphaTrading📊 Description: GBPJPY GBP/JPY is showing clear rejection from a strong supply (key resistance) zone, marked by multiple failed attempts to break higher. Price is consolidating below this zone, indicating seller dominance and potential distribution phase. As long as price remains under this resistance, the bias stays bearish, with downside targets toward the marked key demand zones and psychological levels below. A clean breakdown from the current structure could accelerate momentum to the downside. The current structure suggests: Resistance Zone (Supply): Price is failing to break this area after multiple tests → strong selling interest. Immediate Support: The first red zone below is acting as short-term support. A clean break here will confirm bearish continuation. Major Support / Demand: The lower key zone + psychological level will be the next target if momentum builds. As long as price stays below resistance, the market favors: ➡️ Lower highs + bearish continuation ➡️ Break of support = acceleration move downward ➡️ Possible liquidity sweep before drop (fake push up) Watch for confirmation: ✔️ Bearish engulfing from resistance ✔️ Break & retest of support ✔️ Weak bullish momentum ⚠️ Disclaimer: This analysis is for educational purposes only and not financial advice. Always manage your risk properly and confirm setups with your own strategy before trading.