The chart shows GBP/USD breaking out of a descending channel, signaling a potential bullish reversal.
Price has bounced from a strong support zone (highlighted in yellow), with bullish momentum building.
The breakout is backed by a higher low structure, which often precedes an uptrend continuation.
Key Levels:
Support: 1.3349
First Resistance / TP1: 1.3552–1.3557
Final Target / TP2: 1.3737–1.3752
Outlook:
If price holds above 1.3439 and breaks 1.3552 with volume, the next leg toward 1.3750 is likely.
Watch for retests of the breakout level for confirmation before entering long.
📈 Bias: Bullish above 1.3439
🕐 Timeframe: 4H chart
Let me know if you want SL (stop loss) and entry suggestions too.
Price has bounced from a strong support zone (highlighted in yellow), with bullish momentum building.
The breakout is backed by a higher low structure, which often precedes an uptrend continuation.
Key Levels:
Support: 1.3349
First Resistance / TP1: 1.3552–1.3557
Final Target / TP2: 1.3737–1.3752
Outlook:
If price holds above 1.3439 and breaks 1.3552 with volume, the next leg toward 1.3750 is likely.
Watch for retests of the breakout level for confirmation before entering long.
📈 Bias: Bullish above 1.3439
🕐 Timeframe: 4H chart
Let me know if you want SL (stop loss) and entry suggestions too.
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Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
t.me/docter_Pips_official05
Gold Signal's with proper TP & SL for high profit.
t.me/docter_Pips_official05
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
t.me/docter_Pips_official05
Gold Signal's with proper TP & SL for high profit.
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.
📲 Join telegram channel free ..
t.me/docter_Pips_official05
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
t.me/docter_Pips_official05
Gold Signal's with proper TP & SL for high profit.
t.me/docter_Pips_official05
Forex, Gold & Crypto Signals with detailed analysis & get consistent results..
t.me/docter_Pips_official05
Gold Signal's with proper TP & SL for high profit.
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.