My Directional Bias on GBPJPY for the long run {29/03/2025}

Educational Analysis says that GBPJPY may give countertrend opportunities from this range, according to my technical analysis.
Broker - FXCM
So, my analysis is based on a top-down approach from weekly to trend range to internal trend range.
So my analysis comprises of two structures: 1) Break of structure on weekly range and 2) External pushback to fill the remaining fair value gap

1) Break of structure on weekly range is down trend for the long run period of 10 years, may be it switch to new character or change its direction to bullish.
2) External pushback structure is the trading range where it trades on the smaller time frame,
On this structure range market on inside trading or smaller time frame is bullish towards fib of 1.618 and make turn to fill the fair value gaps of it.

Let's see what this pair brings to the table for us in the future.

Please check the comment section to see how this turned out.

DISCLAIMER:-
This is not an entry signal. THIS IS ONLY EDUCATIONAL PURPOSE ANALYSIS.
I have no concerns with your profit and loss from this analysis.
I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS,
Happy Trading, Fx Dollars.