📊 Technical Analysis
● GBPUSD broke above 1.3425 resistance, confirming a breakout from the descending channel and maintaining higher lows within the current rising structure.
● Price action targets the 1.3575 resistance zone, with momentum supported by a clean breakout retest pattern.
💡 Fundamental Analysis
● Weak US ISM services PMI and softer dollar demand enhance GBP upside, while UK GDP beat expectations, signaling resilience in economic activity.
✨ Summary
Long above 1.3425; target 1.3575. Setup remains valid while price holds above 1.3310.
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● GBPUSD broke above 1.3425 resistance, confirming a breakout from the descending channel and maintaining higher lows within the current rising structure.
● Price action targets the 1.3575 resistance zone, with momentum supported by a clean breakout retest pattern.
💡 Fundamental Analysis
● Weak US ISM services PMI and softer dollar demand enhance GBP upside, while UK GDP beat expectations, signaling resilience in economic activity.
✨ Summary
Long above 1.3425; target 1.3575. Setup remains valid while price holds above 1.3310.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
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Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
