GBPJPY Long Analysis 26/01/2025

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This is my analysis for GBPJPY, just an idea and not a signal.

I strongly believe that price will move up to where the imbalance is and will fill it, you can take TP below the imb area at the supply area drawn out. At the supply area, there's a lil bit of a bearish orderflow going on so my POI will be the supply area.

For entry, I picked the FVG which is on the 1-hour timeframe, you just gotta play it safe for the entry if you're taking a GBPJPY trade. Now it'll either go one way... As soon as the market opens it's either just going to carry on straight to the supply area or will pullback as soon as it takes out a buyside liquidity or something like that.

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