GBPUSD TRADE IDEA

GBPUSD (H1) –

Bias: BUY (while above support)

  • Buy Entry: 1.3380–1.3390 (support/retest zone)
  • Stop Loss: Below 1.3375
  • Take Profit 1: 1.3436
  • Take Profit 2: 1.3448

Alternative Scenario:

  • If price breaks and closes below 1.3380, bullish momentum weakens and GBPUSD could decline toward 1.3350–1.3332.

Summary: Price is holding a key support zone. A bullish reaction from 1.3380–1.3390 favors a move toward 1.3436 and potentially 1.3448. A confirmed break below support invalidates the buy setup.

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