Following a sharp pullback from the 1.3550 area, GBPUSD found buying interest around 1.3420—a level where the EMA34, EMA89, and an H4 demand zone converge. Price is currently consolidating just above this support, indicating that buyers are absorbing selling pressure rather than allowing the bullish structure to break.
If the 1.3420 level holds, GBPUSD could rebound toward the 1.3550 area, where the nearest supply zone is located. Underlying positive momentum for the GBP also supports this scenario.
Strategy: Prioritize BUY positions around 1.3420, targeting 1.3550. The bullish scenario is invalidated if the price closes below 1.3420 on the H4 timeframe.
If the 1.3420 level holds, GBPUSD could rebound toward the 1.3550 area, where the nearest supply zone is located. Underlying positive momentum for the GBP also supports this scenario.
Strategy: Prioritize BUY positions around 1.3420, targeting 1.3550. The bullish scenario is invalidated if the price closes below 1.3420 on the H4 timeframe.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.