GBPUSD TRADE IDEA

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.