GBP/JPY Trade Setup (1H Timeframe)

Watching the GBP/JPY pair closely for a potential short setup. Price is approaching a critical area near the ascending trendline, and I'm anticipating a potential breakdown from this level.

Plan: Wait for a break and retest of the trendline around 190.546 for confirmation before entering short.

Entry: 190.546 (on the retest after a confirmed break)
Stop Loss: 192.446 (above recent highs, -189 pips)
Take Profit 1: 189.008 (+153 pips)
Take Profit 2: 186.976 (+357 pips)
Take Profit 3: 183.771 (+678 pips)

I will wait for confirmation and enter on the retest. If TP1 is hit, the stop loss will be moved to break even to secure profits.