Elite | GBPUSD – 4H | Bullish Structure in Corrective Phase
GBPUSD GBPUSD pushed impulsively higher, then entered a corrective phase while respecting the ascending structure. Price is now reacting near a mid-channel demand area, where buyers previously stepped in. However, this is a reaction zone, not confirmation — continuation requires bullish acceptance.
Key Scenarios
✅ Bullish Case 🚀 → Holding above the demand zone with bullish structure confirmation opens continuation toward previous highs and liquidity resting above 1.3560.
❌ Bearish Case 📉 → Failure to hold demand and a 4H close below the channel support exposes deeper pullback toward lower structure support.
Current Levels to Watch
Resistance 🔴: 1.3560 – 1.3600
Support 🟢: 1.3440 – 1.3400
⚠️ Disclaimer: This analysis is for educational purposes only. It is not financial advice.
Nota
going wellTrade ativo
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🦁 Eliana Signals Access:
t.me/Elianathought
t.me/Elianathought
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.