GBPJPY BULLISH !!!

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GBPJPY BULLISH !!!British Pound Sterling / Japanese YenCMCMARKETS:GBPJPYsammerbaneGBPJPY (H4) – BULLISH TREND CONTINUATION SETUP GBPJPY is currently trading in a clear BULLISH TREND on the H4 timeframe, supported by strong momentum, higher highs, and higher lows. The recent impulsive move confirms buyer dominance, and current price action suggests this move is not finished yet. Trend & Structure Market structure remains bullish with a clean BOS (Break of Structure) Strong impulsive leg from the 211.00–211.50 region up toward 213.80+ Previous resistance around 213.30–213.50 has flipped into a key support zone Price is consolidating above this level, indicating strength rather than distribution Corrective Phase (A–B–C) Price appears to be forming a healthy A–B–C pullback within the larger bullish trend: A: Swing high near 213.85–213.95 B: Pullback into demand at 213.30–213.50 C: Projected continuation toward 214.20–214.60 This type of pullback is typical in strong trending markets and often provides high‑probability continuation entries. Trade Bias ✅ BULLISH – Trend continuation Execution Idea Look for bullish confirmation within 213.30–213.50 Buyers defending this zone increases probability of continuation Momentum continuation expected above 213.90 Targets TP1: Previous high at 213.85–213.95 TP2: Extension toward 214.20–214.60 TP3 (runner): Higher continuation if momentum expands above 214.60 Invalidation ❌ A clean H4 close below 213.00 would invalidate this bullish setup and signal potential deeper correction. Conclusion GBPJPY remains firmly in a BULLISH TREND. As long as price holds above the 213.30 support zone, the bias stays bullish, and pullbacks should be viewed as buy‑the‑dip opportunities, not reversal signals. Clear structure, strong momentum, and defined risk make this a solid continuation setup.