GBPJPY 4HRBritish Pound / Japanese YenFOREXCOM:GBPJPYShavyfxhubGBPJPY 3H Chart Analysis – Shavyfxhub Strategy Market Structure Overview Major Supply Zones (Resistance) 218.752 → Strong recent high / Supply Roof 216.385 → Intermediate Supply 215.402 – 215.349 → Key resistance zone 213.870 → Mid-level supply Key Demand Zones (Support) 212.428 – 212.409 → Immediate Demand Floor (currently being tested) 209.746 – 209.655 → Stronger lower Demand Floor Structure Notes Price made a strong push higher earlier, reaching near 218.75, then sold off sharply. The decline broke below several short-term supports and is now testing the 212.40 Demand Floor. A clear descending trendline (green dashed) has been guiding lower highs since early May. Current price action is at a critical decision zone around 212.40. Projected arrows on the chart show two main scenarios: Bounce from the 212.40 Demand Floor and move higher Breakdown below 212.40, opening the path toward the deeper Demand Floor at 209.65–209.75 Current Bias (Shavyfxhub Style) Scenario,Condition,Expectation Bullish Bounce,Hold & close above 212.40,Move back toward 213.87 → 215.35 → 216.38 Bearish Continuation,Break & close below 212.40,Deeper drop toward 209.65 Demand Floor Summary: GBPJPY is at a key short-term Demand Floor (212.40). As long as this level holds, a corrective bounce remains possible. A clean break below 212.40 would shift the short-term structure more bearish and open the door to the stronger demand zone near 209.65.