GBPUSD

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.

GBPUSD Analysis 📉 GBPUSD is trading inside a consolidation range and facing strong resistance near 1.3390. Unless buyers secure a confirmed breakout, the pair remains vulnerable to a move lower toward the 1.3320 support zone. Bias: Bearish below 1.3390 | Target: 1.3320 | Invalidation: Strong close above 1.3410.

GBP/USD (M30) Trade Setup 🔴 Short (Sell) Entry Entry: 1.3385 – 1.3392 Stop Loss: 1.3408 Take Profit 1: 1.3361 Take Profit 2: 1.3345 Take Profit 3: 1.3335 Confirmation: Wait for a bearish rejection candle or bearish engulfing pattern at the resistance zone before entering. 🟢 Buy Entry Buy only if price retraces into support . Entry: 1.3335 – 1.3342 Stop Loss: 1.3320 Take Profit 1: 1.3361 Take Profit 2: 1.3383 Take Profit 3: 1.3390 Alternative Buy: If price closes strongly above 1.3395 and then retests it as support, look for buy confirmations targeting 1.3410+ . Current Bias: Sell from resistance has the higher probability until 1.3395 is broken decisively.

GBPUSD | H1 Analysis GBPUSD is trading inside an ascending channel but facing resistance near 1.3365. A rejection from this zone could trigger a pullback toward 1.3295–1.3220, while a confirmed breakout above resistance would keep the bullish trend intact. Bias: 🟡 Neutral to Bearish below 1.3365 | Bullish on confirmed breakout.

GBPUSD – Technical Outlook Price has reached a key resistance zone after completing a strong bullish move inside the rising structure. Rejection from the upper boundary suggests bearish momentum may build if sellers maintain control. A break below 1.3215 could trigger a move toward the 1.3180–1.3140 support area. Bulls remain valid only if price reclaims and holds above the recent high. Bias: Bearish below resistance 📉

GBPUSD (H1) – Short Trade Setup Based on your chart, a short is reasonable if price rejects the resistance zone around 1.3250–1.3268 . Entry: Sell: 1.3250–1.3265 (after bearish confirmation) Stop Loss: 1.3275–1.3280 (above the recent swing high) Take Profit: TP1: 1.3206 TP2: 1.3160 TP3: 1.3135 (if bearish momentum accelerates) Trade Reason Price is testing a key resistance/supply zone . The overall trend remains bearish despite the recent recovery. A rejection from resistance offers a favorable risk-to-reward setup. Bias: Bearish (Short) , but wait for a bearish rejection candle or a break below the most recent H1 higher low before entering.