GBPJPY – Daily Structure Holding, Liquidity Target AboveBritish Pound/Japanese YenFX:GBPJPYenwemadufranklyn1989Timeframe: 1D Bias: Structurally Bullish (Conditional) *Market Phase: Corrective Pullback Within Primary Uptrend 1. Macro Structure Assessment GBPJPY remains in a well-defined bullish market structure characterized by: Sequential Higher Highs (HH) Sequential Higher Lows (HL) Respect of ascending dynamic trendline support The recent decline from the 212.50–214.00 distribution zone represents a corrective retracement rather than structural failure. The primary order flow remains intact. 2. Institutional Liquidity Mapping 🔴 Major Supply / Liquidity Pool 212.50 – 214.00 Prior equal highs Clear resting buy-side liquidity Previous rejection confirms active institutional supply This zone remains the magnet if bullish continuation confirms. 🔵 Dynamic Demand (Trendline Confluence) 207.50 – 208.50 Higher timeframe trendline support Area of recent reaction Potential higher low formation This is the decision node. 3. Current Market Positioning Price is compressing above dynamic support. This is typically one of two institutional behaviors: Accumulation before continuation Distribution before structural break At present, structure favors scenario one — but confirmation is required. 4. Trigger Criteria (Execution Framework) Bullish Continuation Trigger Strong daily close above 210.50 Momentum expansion candle Reclaim of minor internal structure *Upside Objectives: 212.50 (liquidity sweep) 214.00 (range high) 215.50+ extension if breakout expands Bearish Invalidation Trigger Daily close below ascending trendline Break of 207.00 structure Failure to reclaim broken support Downside Objectives: 205.00 liquidity pocket 202.50 imbalance zone *5. Risk Structuring Example *For disciplined positioning: Entry: Post-confirmation breakout or confirmed HL formation Stop: Below structural low (not arbitrary pip placement) R:R: Minimum 1:2 aligned with liquidity objective Avoid front-running supply. Let structure confirm. *6. Strategic Outlook Until the ascending trendline is violated on a daily closing basis, the dominant bias remains bullish. However, price is approaching a known institutional supply ceiling. This is not a location for emotional buying — this is a location for confirmation-based execution. *Executive Summary *Trend: Bullish *Phase: Corrective pullback *Decision Zone: 207.50–208.50 *Liquidity Target: 212.50–214.00 *Structural Risk: Break below 207.00 Market structure is still constructive. The next impulse leg depends entirely on whether demand defends the current dynamic support.