GBP/JPY Longs - 14July2021

1. Price formed a new 1hr demand zone and multiple 1hr candles closing above the zone.
2. Entered longs once the structure made clean HL's.
3. SL below the wick low of the previous 1hr candle (-10pips) as that was the news candle (CPI).
4. Target is the next 1hr Supply Zone.