#GBPUSD - H1
📣 Upon analyzing the 1-hour timeframe, with the breakout below the upward trendline around 1.2496, one can consider selling with a target of 1.2430.
⛔ Stop Loss: 1.2540
On the other hand, with a breakout above the 1.2540 range, one can have a bullish outlook towards the 1.2600 range.
⛔ Stop Loss: 1.2496
📣 Upon analyzing the 1-hour timeframe, with the breakout below the upward trendline around 1.2496, one can consider selling with a target of 1.2430.
⛔ Stop Loss: 1.2540
On the other hand, with a breakout above the 1.2540 range, one can have a bullish outlook towards the 1.2600 range.
⛔ Stop Loss: 1.2496
Trade closed: target reached