GBPJPY D1

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We're currently within a broad consolidation range, with price action indicating a potential liquidity grab towards lower levels. A daily (D1) support zone has been breached, and we're observing a bearish correction channel. I'll be monitoring the next D1 support zone or the 'key liquidity area' for reversal patterns, signaling potential long opportunities. A break below this key liquidity area would shift the overall structure to bearish. Note that JPY strength, driven by BOJ policies, warrants close attention next week. Best regards.

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