British Pound / U.S. Dollar
Long
Updated

GBP/USD Breaks Free from Bears – What’s Next? (Read More)

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📈 GBP/USD – Bullish Breakout from Consolidation

GBP/USD was previously in a strong bearish trend, but the market has now broken structure and is signaling a potential trend reversal.

At the bottom of the downtrend, price formed a consolidation range, followed by a clean breakout to the upside. This move creates multiple confluences:

✅ Breakout above the Bullish Trendline
✅ Breakout through the 200 EMA
✅ Breakout of the Supply Zone
✅ Strong Bullish Candle with Increased Buying Volume

These confirmations suggest buyers are taking control, and momentum is shifting in favor of the bulls.

🎯 Technical Target Levels:
- 1.3540 – First resistance
- 1.3640 – Previous structure zone
- 1.3770 – Extended target

As long as the price holds above the breakout zone, the bullish scenario remains valid.

🚨 Not financial advice. Always trade with proper risk management.

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Trade active
As previously shared, GBP/USD broke out and has now completed a clean retracement back to the breakout zone, where our buy trade was activated. The market is showing signs of bullish continuation — it's time to fly!

📍 Breakout: Confirmed
🔁 Retracement: Completed
✅ Trade Activated – Buy
🚀 Bias: Bullish – Holding for upside targets

Stay confident and manage your risk — structure is strong and momentum is building!

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