GBPUSD H4 ANALYSIS

📊 GBPUSD H4 Analysis – 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.

🔹 Resistance: 1.3300–1.3320 | 1.3370–1.3390

🔹 Support: 1.3230 | 1.3200–1.3160

🔹 Bullish Scenario: A confirmed breakout above 1.3270 could push price toward 1.3300–1.3320.

🔹 Bearish Scenario: Rejection near resistance may send price back toward 1.3200–1.3160.

📌 Key Focus: Wait for breakout confirmation before entering a trade.

⚠️ Disclaimer: Educational analysis only. Trade with proper risk management.