GBPJPY: Bullish channel remains intact; targeting 216.00.GBP/JPYOANDA:GBPJPYParadise_NoirOn the H1 timeframe, GBPJPY is trading neatly within a short-term bullish channel. Notably, following the most recent strong surge, the price has not experienced a deep pullback but has instead consolidated sideways around the 215.40–215.50 zone. This typically indicates that buyers retain control over the short-term momentum. Technically, the 215.20 level acts as immediate support and a key anchor for the current bullish structure. As long as the price holds above this level and continues to respect the channel's lower boundary, there is a high probability of another upward push to test the 216.00 mark. Fundamental factors also support this outlook, as the Japanese Yen remains weak, allowing JPY cross-pairs to maintain their upward trend. Entry Focus: Prioritize BUY positions if the price pulls back to the 215.20–215.30 range and a clear bullish bounce signal emerges. Invalidation: The bullish scenario weakens if the price closes below 215.20 and breaks the bullish channel structure.