GBPJPY Long IdeaGBP/JPYOANDA:GBPJPYPantosFXI’m looking at GBPJPY on the 1H. The market has been moving inside a range with highs around 213.30 and lows around 211.60. Liquidity is clearly resting on both sides. Recently price dropped hard and tapped into the 0.50 area around 212.40. During that move it also swept the short term lows before bouncing. That tells me liquidity below got taken and stops were cleared before the reaction. After that sweep price pushed back up and now we are sitting around the middle of the range again near 212.70. This area is important because it acts like a balance zone. For me the key idea is this. Since the lows already got taken, the next logical draw on liquidity is the highs around 213.30. That’s where stops are sitting above the range. Right now price is slowly pushing up from the 0.50 zone. If we keep holding above 212.40 and continue forming higher lows, I’m interested in longs. The move looks like accumulation after the liquidity sweep. My plan is simple. I want to see continuation from this area. If buyers stay in control, I look for longs targeting the highs of the range. If price drops back below 212.40 and starts accepting lower with strong momentum, then the idea weakens and I step aside because that would mean the range low could get attacked again.