GBPUSD H4 ANALYSIS

๐Ÿ“Š GBPUSD H4 Analysis โ€“ British Pound vs US Dollar


GBPUSD is consolidating near 1.3246 after a bearish move. Price is testing the upper boundary of its range, and a bullish breakout could trigger further upside.


๐Ÿ”น Resistance: 1.3300โ€“1.3320 | 1.3370โ€“1.3390

๐Ÿ”น Support: 1.3230 | 1.3200โ€“1.3160

๐Ÿ”น Bullish Scenario: A confirmed breakout above 1.3270 could push price toward 1.3300โ€“1.3320.

๐Ÿ”น Bearish Scenario: Rejection near resistance may send price back toward 1.3200โ€“1.3160.


๐Ÿ“Œ Key Focus: Wait for breakout confirmation before entering a trade.


โš ๏ธ Disclaimer: Educational analysis only. Trade with proper risk management.

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