GBPUSD // Strong bullish momentum ahead! Reversal pattern formed
📊 GBPUSD Technical Analysis – Bullish Reversal in Play! 🚀
GBPUSD has formed an Inverse Cup and Handle pattern at the bottom of the downtrend, signaling a potential trend reversal. A strong bullish breakout above the trendline confirms buying momentum. Additionally, price has successfully broken above the 200 EMA with a powerful bullish candle, further strengthening the bullish outlook.
📌 Entry: Activated on breakout above resistance
🎯 Target 1: 1.2780
🎯 Target 2: 1.2860
The technical setup aligns with a bullish continuation, and buyers are gaining control. Stay updated for more insights!
🔔 Like, comment, and follow for more premium analysis! 📈🔥
GBPUSD has formed an Inverse Cup and Handle pattern at the bottom of the downtrend, signaling a potential trend reversal. A strong bullish breakout above the trendline confirms buying momentum. Additionally, price has successfully broken above the 200 EMA with a powerful bullish candle, further strengthening the bullish outlook.
📌 Entry: Activated on breakout above resistance
🎯 Target 1: 1.2780
🎯 Target 2: 1.2860
The technical setup aligns with a bullish continuation, and buyers are gaining control. Stay updated for more insights!
🔔 Like, comment, and follow for more premium analysis! 📈🔥
Trade active
🚀 GBPUSD Trade Update 🚀
Market Insight:
After a retracement to the order block, our entry was activated, and GBPUSD is now flying towards our target zone! The pair has surged from 1.2570 to 1.2660, delivering an impressive 90+ pips profit so far! 🎯🔥
Next Steps:
📌 Secure partial profits to lock in gains.
📌 Adjust Stop Loss to break even (BE) for risk-free trading.
📌 Keep an eye on further momentum—more upside potential ahead!
Enjoy the profits & let’s keep winning! 💰🚀
t.me/TrendLogic1
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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.
t.me/TrendLogic1
🌐Join Our VIP Telegram Trading Community! 📊
🔹High-accuracy trading signals for XAUUSD, Forex, & Crypto.
🎯Join now and take your trading to the next level!
t.me/TrendLogic1
🌐Join Our VIP Telegram Trading Community! 📊
🔹High-accuracy trading signals for XAUUSD, Forex, & Crypto.
🎯Join now and take your trading to the next level!
t.me/TrendLogic1
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.