🎉 GBP/USD – Breakout Party Above the Channel! 🎉
Pound-Dollar just said “bye-bye” to the red channel and is getting ready to dance its way up 💃💵
We have a clean breakout with two possible flight paths 🚀:
📍 Entry Zone: Around 1.34669
🎯 Targets:
1️⃣ 1.35312
2️⃣ 1.35350 (Double top zone – watch this closely 👀)
🛑 Stop Loss: 1.34462
❗ Invalidation below: 1.34153
📐 Structure: Parallel channel breakout 💥
📆 Timeframe: 1H
📌 Chart by: greenfire_forex
🧠
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#GBPUSD #ForexTrading #BreakoutSetup
Pound-Dollar just said “bye-bye” to the red channel and is getting ready to dance its way up 💃💵
We have a clean breakout with two possible flight paths 🚀:
📍 Entry Zone: Around 1.34669
🎯 Targets:
1️⃣ 1.35312
2️⃣ 1.35350 (Double top zone – watch this closely 👀)
🛑 Stop Loss: 1.34462
❗ Invalidation below: 1.34153
📐 Structure: Parallel channel breakout 💥
📆 Timeframe: 1H
📌 Chart by: greenfire_forex
🧠
---
#GBPUSD #ForexTrading #BreakoutSetup
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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.