GBPUSD Market Overview
GBPUSD is consolidating within a tight structure after a strong sell-off.
The pair is currently testing a major support base where buyers previously defended aggressively.
If price maintains above this zone, we may see a bullish recovery leg toward mid and upper ranges.
Key Scenarios
✅ Bullish Case 🚀 →
🎯 Target 1: 1.3451 (mid-range)
🎯 Target 2: 1.3485 (rejection zone retest)
🎯 Target 3: 1.3510 (extended liquidity reach)
❌ Bearish Case 📉 →
Invalidation below 1.3390 (if support fails to hold).
Current Levels to Watch
Resistance 🔴: 1.3451 / 1.3485
Support 🟢: 1.3400 / 1.3410
⚠️ Disclaimer: This analysis is for educational purposes only. Not financial advice.
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.
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.