GBPUSD (H1)
- Bias: Bullish above 1.3387–1.3392 support.
- Key Resistance: 1.3435–1.3450 supply zone.
- Key Support: 1.3387 then 1.3364.
Buy Setup
- Buy on a successful retest and bullish rejection from 1.3387–1.3392.
- Targets: 1.3435 → 1.3450.
- Stop Loss: Below 1.3364.
Alternative Scenario
- If price breaks and closes below 1.3364, bullish momentum weakens and a move toward 1.3345–1.3330 becomes more likely.
Overall, the chart still favors buying from support, with the 1.3435–1.3450 resistance zone as the primary upside target.
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