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GBPUSD 4H NEW FORECAST
📈 Bullish Scenario (Uptrend)
✔ If price holds above 1.2945, a bullish move could continue.
✔ Key resistance levels:
1.2980→ First resistance.
1.3000 → Strong resistance zone.
✔ Break above 1.3000 could push GBP/USD higher.
📉 Bearish Scenario (Downtrend)
✔ If price fails to break 1.2980 and drops below 1.2920, bearish momentum could take over.
✔ Key support levels:
1.2890 → First support level.
1.2875 → Second support level.
Break below 1.2875 could lead to a drop toward 1.2815 and 1.2770.
✔ A confirmed break of 1.2735 would suggest a deeper correction.
📌 Summary
✔ Above 1.2945→ Bullish move toward 1.2980 and 1.3000+.
✔ Below 1.2920 → Bearish move toward 1.2890, 1.2875, and possibly 1.2815.
✔ Break and hold above 1.3000 → Strong uptrend.
✔ Break and hold below 1.2735 → Stronger bearish trend.
GBPUSD 4H NEW FORECAST
📈 Bullish Scenario (Uptrend)
✔ If price holds above 1.2945, a bullish move could continue.
✔ Key resistance levels:
1.2980→ First resistance.
1.3000 → Strong resistance zone.
✔ Break above 1.3000 could push GBP/USD higher.
📉 Bearish Scenario (Downtrend)
✔ If price fails to break 1.2980 and drops below 1.2920, bearish momentum could take over.
✔ Key support levels:
1.2890 → First support level.
1.2875 → Second support level.
Break below 1.2875 could lead to a drop toward 1.2815 and 1.2770.
✔ A confirmed break of 1.2735 would suggest a deeper correction.
📌 Summary
✔ Above 1.2945→ Bullish move toward 1.2980 and 1.3000+.
✔ Below 1.2920 → Bearish move toward 1.2890, 1.2875, and possibly 1.2815.
✔ Break and hold above 1.3000 → Strong uptrend.
✔ Break and hold below 1.2735 → Stronger bearish trend.
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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.