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GBPUSD 4H NEW FORECAST
🔹 Bullish Scenario (Above 1.2600 📈)
If GBP/USD stays above 1.2600, it signals bullish momentum (buyers are in control).
The next resistance level is 1.2620.
If price breaks and stabilizes above 1.2620 (confirmed by a 4-hour candle close):
🎯 1.2660 (Next resistance)
🎯 1.2700 (Major resistance, possible high point)
✅ Conclusion: Staying above 1.2600 supports an upward move toward 1.2620, 1.2660, and 1.2700.
🔹 Bearish Scenario (Below 1.2600 📉)
If GBP/USD trades below 1.2600, it signals bearish pressure (sellers are in control).
The first target is 1.2550 (support level).
If price breaks 1.2550, it will likely drop further to 1.2500.
🚨 Important:
Failure to hold 1.2600 = Expect a move to 1.2550.
Breaking 1.2550 = More downside to 1.2500.
✅ Conclusion: Below 1.2600, expect a decline toward 1.2550 and possibly 1.2500.
🔹 Current Situation: Waiting for Confirmation ⚖️
If GBP/USD is near 1.2600, it is at a critical decision point.
Above 1.2600 = Bullish move toward 1.2620, 1.2660, and 1.2700.
Below 1.2600 = Bearish move toward 1.2550 and 1.2500.
📌 What to Watch:
A 4-hour candle close above 1.2620 = Strong bullish confirmation.
A 4-hour candle close below 1.2600 = Bearish confirmation.
GBPUSD 4H NEW FORECAST
🔹 Bullish Scenario (Above 1.2600 📈)
If GBP/USD stays above 1.2600, it signals bullish momentum (buyers are in control).
The next resistance level is 1.2620.
If price breaks and stabilizes above 1.2620 (confirmed by a 4-hour candle close):
🎯 1.2660 (Next resistance)
🎯 1.2700 (Major resistance, possible high point)
✅ Conclusion: Staying above 1.2600 supports an upward move toward 1.2620, 1.2660, and 1.2700.
🔹 Bearish Scenario (Below 1.2600 📉)
If GBP/USD trades below 1.2600, it signals bearish pressure (sellers are in control).
The first target is 1.2550 (support level).
If price breaks 1.2550, it will likely drop further to 1.2500.
🚨 Important:
Failure to hold 1.2600 = Expect a move to 1.2550.
Breaking 1.2550 = More downside to 1.2500.
✅ Conclusion: Below 1.2600, expect a decline toward 1.2550 and possibly 1.2500.
🔹 Current Situation: Waiting for Confirmation ⚖️
If GBP/USD is near 1.2600, it is at a critical decision point.
Above 1.2600 = Bullish move toward 1.2620, 1.2660, and 1.2700.
Below 1.2600 = Bearish move toward 1.2550 and 1.2500.
📌 What to Watch:
A 4-hour candle close above 1.2620 = Strong bullish confirmation.
A 4-hour candle close below 1.2600 = Bearish confirmation.
Trade active
We continue to rise as trading above 1.2600 continues to rise to reach 1.2700 and stability above this level confirms the rise to 1.2750 When the rise stops , below 1.2600 should be stable
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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.
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.