GBPUSD TRADE IDEA

• Entry: 1.3415 – 1.3430
• Stop Loss: 1.3390 (below support)
• Take Profit 1: 1.3470
• Take Profit 2: 1.3525

Reasoning

• Price is holding above the key support zone around 1.3400–1.3415.
• Multiple rejections from lower levels suggest buyers are defending the area.
• Resistance remains near 1.3470, offering a reasonable short-term upside target.

Trade Bias

✅ Short-term Buy while price remains above 1.3400.

If an H4 candle closes below 1.3400, invalidate the buy setup and look for selling opportunities toward 1.3365.