GBPUSD is currently reacting from a strong support and order block zone on the 4H timeframe after a sharp sell-off. Price respected the key support area near 1.3330, showing signs of bullish recovery and possible continuation toward the upper trendline of the uptrend channel.
The market structure still favors buyers as long as price remains above the support level. A successful bullish continuation could push GBPUSD toward the 1.3670 target area in the coming sessions.
📌 Key Support Zone: 1.3330 - 1.3350
🎯 Bullish Target: 1.3670
⚠️ Short-term pullbacks and liquidity grabs may occur before the main bullish expansion. Proper risk management is highly recommended.
This analysis is based on price action, market structure, liquidity concepts, and trend continuation confirmation.
Not Financial Advice — Trade Responsibly.
The market structure still favors buyers as long as price remains above the support level. A successful bullish continuation could push GBPUSD toward the 1.3670 target area in the coming sessions.
📌 Key Support Zone: 1.3330 - 1.3350
🎯 Bullish Target: 1.3670
⚠️ Short-term pullbacks and liquidity grabs may occur before the main bullish expansion. Proper risk management is highly recommended.
This analysis is based on price action, market structure, liquidity concepts, and trend continuation confirmation.
Not Financial Advice — Trade Responsibly.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.