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GBPUSD 4H NEW FORECAST
📈 Bullish Scenario (Uptrend)
If GBP/USD stays above 1.2610, it signals bullish momentum.
First target for the rise:
1.2640 → First resistance level.
Break & hold above 1.2640 (with a 4-hour confirmation) → Strong confirmation of further upside.
Further bullish targets:
1.2678 → Next resistance level.
1.2700 → Stronger resistance zone.
💡 Key Takeaway: If GBP/USD stabilizes above 1.2610, expect an uptrend toward 1.2640. A break above 1.2640 with confirmation could push prices toward 1.2678 and 1.2700.
📉 Bearish Scenario (Downtrend)
If GBP/USD falls below 1.2610 and stabilizes, it signals a downtrend.
Next target for the decline:
1.2580 → First support level.
1.2550 → Next support level.
Break & hold below 1.2550 (for 4 hours) → Strong confirmation of further downside.
Further bearish target:
1.2500 → Key support level.
💡 Key Takeaway: If GBP/USD trades below 1.2610, expect a drop toward 1.2580 and 1.2550. A break below 1.2550 with confirmation could trigger a further decline toward 1.2500.
📌 Simple Summary:
✔ Above 1.2610 → Expect an uptrend toward 1.2640 → If 1.2640 breaks, targets 1.2678 & 1.2700
✔ Below 1.2610 → Expect a downtrend toward 1.2580 & 1.2550
✔ Break above 1.2640 with confirmation → Strong bullish continuation
✔ Break below 1.2550 with confirmation → Strong bearish continuation toward 1.2500
GBPUSD 4H NEW FORECAST
📈 Bullish Scenario (Uptrend)
If GBP/USD stays above 1.2610, it signals bullish momentum.
First target for the rise:
1.2640 → First resistance level.
Break & hold above 1.2640 (with a 4-hour confirmation) → Strong confirmation of further upside.
Further bullish targets:
1.2678 → Next resistance level.
1.2700 → Stronger resistance zone.
💡 Key Takeaway: If GBP/USD stabilizes above 1.2610, expect an uptrend toward 1.2640. A break above 1.2640 with confirmation could push prices toward 1.2678 and 1.2700.
📉 Bearish Scenario (Downtrend)
If GBP/USD falls below 1.2610 and stabilizes, it signals a downtrend.
Next target for the decline:
1.2580 → First support level.
1.2550 → Next support level.
Break & hold below 1.2550 (for 4 hours) → Strong confirmation of further downside.
Further bearish target:
1.2500 → Key support level.
💡 Key Takeaway: If GBP/USD trades below 1.2610, expect a drop toward 1.2580 and 1.2550. A break below 1.2550 with confirmation could trigger a further decline toward 1.2500.
📌 Simple Summary:
✔ Above 1.2610 → Expect an uptrend toward 1.2640 → If 1.2640 breaks, targets 1.2678 & 1.2700
✔ Below 1.2610 → Expect a downtrend toward 1.2580 & 1.2550
✔ Break above 1.2640 with confirmation → Strong bullish continuation
✔ Break below 1.2550 with confirmation → Strong bearish continuation toward 1.2500
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Prices continue to rise
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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.
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.