GBPUSD H4 ANALYSIS

GBPUSD H4 – Technical Analysis

Price is moving inside a descending channel and has reached a strong support zone around 1.3200–1.3237. A bullish reaction from this area could push price toward 1.3337, followed by the 1.3400–1.3440 resistance zone.

Key levels:

Support: 1.3200–1.3237

Resistance: 1.3337 / 1.3400–1.3440

Bias: Bullish reversal above support; confirmation required.