📊 Market Structure:
GBPJPY is currently trading below the marked 1H Order Block zones, while the broader structure remains capped by overhead supply.

🔴 1H OB — Upper Zone:
The first major reaction area is around 215.35–216.20. This zone could act as resistance if price retraces into it and shows bearish confirmation.

🟥 1H OB — Lower Zone:
A second resistance area is positioned around 214.20–214.80. Price reaction here may provide additional information about short-term structure.

📉 Bearish Scenario:
If price retraces into either OB and forms clear rejection or bearish market-structure confirmation, a downside move could become the scenario to monitor.

🟢 Invalidation / Strength:
A sustained break above the upper OB would weaken the bearish thesis and could indicate that the supply zone is being absorbed.

🔎 Key Levels

🔴 Upper 1H OB: ~215.35–216.20
🟥 Lower 1H OB: ~214.20–214.80
📍 Current price: ~212.91
📉 Lower reference area: ~210.80–209.60

⚠️ Key Point:
The zones should be treated as areas of interest, not automatic entry levels. Confirmation from price action and market structure is important before interpreting a reaction.

🧠 This publication presents technical market-structure analysis and possible scenarios. It is not a guaranteed outcome or financial advice.