GBP/JPY AnalysisGBP/JPYOANDA:GBPJPYMarketStrategysignals📊 GBP/JPY Analysis – Liquidity Grab & Bearish Reversal Setup 🐻 🔍 Market Overview GBP/JPY has shown a strong bullish move, breaking above the ascending trendline structure and sweeping the weekly high liquidity zone around 215.75. The sharp bullish candle suggests a liquidity grab before a potential reversal. 📈 Bullish Scenario ✅ Price may extend slightly higher above the weekly high to collect remaining buy-side liquidity. 🎯 Upside Target: 215.90 – 216.10 📉 Bearish Scenario (Preferred) ⚠️ After the liquidity sweep, price is expected to reject from the weekly high area and move into the highlighted Order Block (OB) zone. 🎯 TP1: 214.90 🎯 TP2: 214.50 🎯 TP3: 213.80 🔑 Key Levels 🚧 Resistance: 215.75 – 216.00 📦 Bearish Order Block: 214.20 – 214.90 🛡️ Major Support: 213.65 💪 Strong Support: 212.39 📌 Trading Bias 🐻 Bearish below 216.00 The chart suggests a classic liquidity sweep above weekly highs followed by a potential bearish retracement into the order block zone. Watch for rejection candles before entering short positions.