GBPJPY H4: Buyers Pushing for a BreakoutGBP/JPYOANDA:GBPJPYParadise_NoirLooking at the GBPJPY H4 chart, I see the price trading around 214.094, just below the crucial breakout zone of 214.443. The current structure is quite positive: the price has been consolidating sideways for several sessions, forming a base above the Ichimoku zone and gradually pushing towards resistance. This is often the pattern of a market preparing for an uptrend if buyers have enough strength to break through the resistance zone. Regarding news, the current context is slightly supportive of GBPJPY. The British pound is up about 0.4%, while risk-on sentiment has improved due to expectations of easing tensions in the Middle East; a risk-on environment usually makes the JPY less attractive because the yen is a safe-haven currency. However, it is necessary to note the risk from Japan: the market still expects the BOJ to raise interest rates to 1.0% in June, which could limit a strong upward momentum for GBPJPY. On the chart, the 213.316 level is the nearest support that needs to be defended. As long as the price remains above this level, I still favor a bullish scenario. If GBPJPY clearly breaks 214.443 and closes the H4 candle above the breakout area, the next target will be 216.20, and further, the supply zone around 216.50 – 217.00. Suggested trading plan: Buy breakout: when H4 closes above 214.443 Buy pullback: around 213.316 – 213.656 if there is a good holding candle TP1: 216.20 TP2: 216.50 – 217.00 In short, I lean towards a continued upward scenario for GBPJPY, but it needs confirmation with a clear breakout above 214.443. If the support zone at 213.316 holds, a move towards 216.20 is a scenario worth watching in the short term.