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Potential Flip zone rally after a trend break on the H4. Demand zone in blue

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On the daily time frame, GBPUSD found support approximately around 16645 To capitalize on a potential short term rebound, a small potential demand zone has formed, and hence, long with stop loss below the pinbar, TP below the flip zone (supply zone) in red.

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While the GBPJPY have been showing bearishness since July and broke former support at 172.356 (Blue line), a small demand zone has formed on the way back up at 171.50 indicated by the blue box. the major supply zone coincides with the former support, now expected to be resistance in traditional S&R analysis. the strong bullish candle after a period of...

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Price broke down from a consolidation zone and closed as a complete bearish bar. Waiting for retrace into the zone which price fell heavily from to go short. Potential Target TP above the blue rectangle, a demand zone.