📊 GBP/USD Price Action Update – May 15, 2025
🔹Current Price: 1.32989
🔹Timeframe: 1H
📌 Key Supply Zone:
🔴 1.33134–1.33201 – Short-term supply zone, price previously rejected this area with strong bearish reaction
📌 Key Target Zone (Above):
🟢 1.33608 – 1.33490 – Higher timeframe imbalance zone; potential upside target if price breaks cleanly above short-term supply
⚡️Bullish Scenario:
If price clears and holds above 1.3320, momentum may extend toward the 1.3350–1.3360 region where higher timeframe liquidity rests.
⚠️Bearish Scenario:
Rejection from 1.3313–1.3320 may lead to short-term pullback. Watch for confirmation below 1.3280 to retest 1.3249 support zone.
🔍 FXFOREVER Insight:
✅ Price structure forming higher lows – bullish bias intact
✅ Monitor for strong bullish candle above supply zone
✅ Ideal buys on break + retest with M15 confirmation
#GBPUSD #PriceActionTrading #FXFOREVER #ForexSignals #SmartMoneyConcepts #DemandSupplyZone #BreakoutLevels
🔹Current Price: 1.32989
🔹Timeframe: 1H
📌 Key Supply Zone:
🔴 1.33134–1.33201 – Short-term supply zone, price previously rejected this area with strong bearish reaction
📌 Key Target Zone (Above):
🟢 1.33608 – 1.33490 – Higher timeframe imbalance zone; potential upside target if price breaks cleanly above short-term supply
⚡️Bullish Scenario:
If price clears and holds above 1.3320, momentum may extend toward the 1.3350–1.3360 region where higher timeframe liquidity rests.
⚠️Bearish Scenario:
Rejection from 1.3313–1.3320 may lead to short-term pullback. Watch for confirmation below 1.3280 to retest 1.3249 support zone.
🔍 FXFOREVER Insight:
✅ Price structure forming higher lows – bullish bias intact
✅ Monitor for strong bullish candle above supply zone
✅ Ideal buys on break + retest with M15 confirmation
#GBPUSD #PriceActionTrading #FXFOREVER #ForexSignals #SmartMoneyConcepts #DemandSupplyZone #BreakoutLevels
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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.
fxforever
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.