GBPUSD is stuck near 1.3400, with buyers defending the 1.3330–1.3350 zone and sellers repeatedly blocking price near 1.3440–1.3450. This kind of compression usually means the market is waiting for a stronger catalyst before choosing direction.
From a macro angle, traders are still watching Fed expectations, US data, and upcoming UK economic releases. Until one side breaks the range, short-term movement may remain choppy.
Trade Setup:
Buy Zone: 1.3390 – 1.3415
Stop Loss: 1.3330
Take Profit 1: 1.3450
Take Profit 2: 1.3500
Take Profit 3: 1.3520
A clean break below 1.3330 would shift focus toward 1.3280–1.3250.
From a macro angle, traders are still watching Fed expectations, US data, and upcoming UK economic releases. Until one side breaks the range, short-term movement may remain choppy.
Trade Setup:
Buy Zone: 1.3390 – 1.3415
Stop Loss: 1.3330
Take Profit 1: 1.3450
Take Profit 2: 1.3500
Take Profit 3: 1.3520
A clean break below 1.3330 would shift focus toward 1.3280–1.3250.
Trading ditutup: target tercapai
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