GBPUSD Long Idea 🚀
Looks like a clear break of structure on the 1H chart! Price has pushed through resistance and is now potentially retesting the previous supply zone as new demand. Looking for a bounce here to continue the upward momentum.
Targets: 1.3600🎯
Stop Loss: 1.34118⛔
Technical Analysis / Setup:
* Trendline Break: "We can observe a clear break below the ascending trendline, indicating a shift in momentum."
* Resistance Rejection: "The price also failed to sustain above the upper resistance zone (red box), showing a strong rejection at the 99.129 and 99.092 levels."
* Consolidation Breakout: "The break of the lower boundary...
