Bullish Breakout Targets 218.50 After Demand Zone RejectionGBP/JPYOANDA:GBPJPYTrade_ActionGBP/JPY has produced a strong bullish rebound after rejecting the 217.50 demand zone, confirming that buyers defended the recent swing low. Price has now broken above the short-term consolidation and is trading around 217.94, showing increasing bullish momentum. The move is supported by price climbing back above the Ichimoku cloud, indicating improving trend strength. If buyers maintain control above the breakout level, the pair has room to continue toward higher liquidity resting near 218.50. Bullish Outlook Price has respected the 217.50–217.56 demand zone. Strong bullish impulse confirms buyer strength. Holding above 217.90 keeps the short-term trend bullish. A break above 218.00 would likely trigger continuation toward the equal highs near 218.50. Key Levels Support: 217.67 Major Demand: 217.50–217.56 Immediate Resistance: 218.00 Target 1: 218.15 Target 2: 218.30 Target 3: 218.45–218.50 Trade Plan Bias: Bullish 📈 Entry Options: Buy on a sustained break above 218.00, or Buy on a pullback into 217.67–217.72 with bullish confirmation. Stop Loss: Below 217.50 Take Profit: TP1: 218.15 TP2: 218.30 TP3: 218.45–218.50 Summary The recent rejection from demand followed by a strong bullish breakout suggests momentum has shifted in favor of buyers. As long as 217.67 holds as support, the path of least resistance remains higher, with the 218.45–218.50 liquidity zone acting as the primary upside objective.