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GBPUSD Range Accumulation Signaling Potential Bullish Breakout

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GBPUSD experienced a strong bearish decline earlier, but price action has now transitioned into a **sideways consolidation range** after finding support near the 1.3290 area. The market is currently moving within a horizontal structure while trading around the **Ichimoku cloud**, indicating weakening bearish momentum and a potential shift toward bullish recovery.

Repeated bounces from the range support suggest buyers are defending the lower boundary. If price breaks and holds above the range resistance, it could trigger a bullish continuation move.

**Targets:**

* **1st Target:** 1.3430
* **2nd Target:** 1.3510

A confirmed breakout above the resistance zone would likely open the path toward these upside targets.
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my first target is almost achieved now it time to move to next target

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.