GBPUSD perfectly played out my previous trading idea. The market has recently broken out of its consolidation zone and is now testing a key level at 1.3500. The price has shown strong bullish momentum after forming a higher low pattern, and the recent pullback towards this support is setting up for a potential continuation of the uptrend. With a break above 1.3500, the pair could continue its upward momentum toward the next resistance zone near 1.3655.If the support at 1.3450 holds and price pushes above the resistance zone at 1.3500, expect further bullish extension towards higher level near 1.3655.
➡️ Primary scenario: Bounce from 1.3450 → breakout above 1.3500 → continuation toward 1.3655.
⚠️ Risk scenario: A break below 1.3450 invalidates the bullish outlook and suggests a possible return to 1.3400.
If this idea resonates with you or you have your own opinion, traders, hit the comments. I’m excited to read your thoughts!
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🔥 Daily GOLD and Forex updates with 20,000+ active traders:
t.me/LingridChannel
🚀 Daily CRYPTO setups:
bit.ly/3JIGE2j
t.me/LingridChannel
🚀 Daily CRYPTO setups:
bit.ly/3JIGE2j
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.