GBP/USD is currently trading within a well-defined bullish structure after respecting a rising trendline that has acted as dynamic support. Price previously consolidated inside a broad range and has now broken above the upper boundary, signaling a potential continuation of upside momentum.
The recent impulsive move shows strong bullish strength, followed by a healthy pullback, suggesting buyers are defending higher levels. As long as price holds above the trendline and the broken resistance zone (now acting as support), the bullish bias remains intact.
Tecnically if the bulls manage the pullback or continuation for higher highs toward the marked targets, while a clear break below the trendline would invalidate the bullish setup so we see upside 1.35400 to 1.35800,
You may find more details in the chart,
Trade wisely best of luck buddies.
Ps; Support with like and comments for better analysis thanks for supporting.
The recent impulsive move shows strong bullish strength, followed by a healthy pullback, suggesting buyers are defending higher levels. As long as price holds above the trendline and the broken resistance zone (now acting as support), the bullish bias remains intact.
Tecnically if the bulls manage the pullback or continuation for higher highs toward the marked targets, while a clear break below the trendline would invalidate the bullish setup so we see upside 1.35400 to 1.35800,
You may find more details in the chart,
Trade wisely best of luck buddies.
Ps; Support with like and comments for better analysis thanks for supporting.
Join My telegram Channel
t.me/+YSUwNs3MQfE2YWZk
Free Forex Signals
t.me/Jamessignals11
t.me/+YSUwNs3MQfE2YWZk
Free Forex Signals
t.me/Jamessignals11
Related publications
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.
Join My telegram Channel
t.me/+YSUwNs3MQfE2YWZk
Free Forex Signals
t.me/Jamessignals11
t.me/+YSUwNs3MQfE2YWZk
Free Forex Signals
t.me/Jamessignals11
Related publications
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.
