GBPUSD H1 ANALYSIS

GBPUSD | H1 Analysis

Price has completed a corrective move and is now breaking out of a bullish channel. The recent rebound from support and strong momentum above the Fibonacci mid-level suggest buyers are back in control.

📈 Bullish Target: A sustained move above 1.3240 could drive price toward the 1.3320 – 1.3350 resistance zone.

⚠️ Risk: A drop back below 1.3200 may weaken the bullish structure and trigger a deeper pullback.

Bias: Bullish 🚀 | Trend favors upside continuation while above key support.