📈 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.
💬 Like, comment, and follow for accurate and disciplined technical analysis. Let’s grow and succeed together!
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.
💬 Like, comment, and follow for accurate and disciplined technical analysis. Let’s grow and succeed together!
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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💲𝗙𝗢𝗥𝗘𝗫 < 𝗚𝗢𝗟𝗗 > ₿ 𝗕𝗧𝗖 || Real Trades, Real Results 🧿 || 🚨 VIP Signals {My Personal Entries} 🔗Join Telegram – Trade smarter. t.me/DollarsMagnet1
Premium Channel For Gold Trading.
t.me/iTradeDollar
Premium Channel For Gold Trading.
t.me/iTradeDollar
Related publications
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.