📈 GBP/USD (1H Chart) – Bullish Technical Outlook
🔍 Chart Summary:
Pair: GBP/USD
Timeframe: 1-Hour
Current Price: ~1.3480
Structure: Breakout from downward channel
Pattern: Rounded bottom with higher lows
Bias: Bullish
🟢 Buy Signal
✅ A clear breakout above the descending channel.
✅ Marked area with “BUY (GBP/USD) TIMEFRAME 1H CHART.”
✅ Confirmation via bullish momentum candles and higher lows.
✅ Volume likely supporting move (though not visible).
🎯 Target Levels
1. First Target:
1.3584 – 1.3600
Prior minor resistance
Potential short-term take-profit zone
2. Final Target Area:
1.3700 – 1.3706
Major resistance zone
Matches previous structure from earlier in the month
🛡️ Support Level (Invalidation)
~1.3440 – 1.3450
Recent higher low
If broken, bullish bias weakens
✅ Outlook Summary
Element Level
Entry Zone 1.3470 – 1.3500
TP1 1.3584 – 1.3600
TP2 1.3700 – 1.3706
Support Area 1.3440 – 1.3450
Would you like:
📌 A cleaner version of this chart with marked entries and SL/TP?
🧾 A trade plan written in signal format?
Let me know how you'd like to proceed!
🔍 Chart Summary:
Pair: GBP/USD
Timeframe: 1-Hour
Current Price: ~1.3480
Structure: Breakout from downward channel
Pattern: Rounded bottom with higher lows
Bias: Bullish
🟢 Buy Signal
✅ A clear breakout above the descending channel.
✅ Marked area with “BUY (GBP/USD) TIMEFRAME 1H CHART.”
✅ Confirmation via bullish momentum candles and higher lows.
✅ Volume likely supporting move (though not visible).
🎯 Target Levels
1. First Target:
1.3584 – 1.3600
Prior minor resistance
Potential short-term take-profit zone
2. Final Target Area:
1.3700 – 1.3706
Major resistance zone
Matches previous structure from earlier in the month
🛡️ Support Level (Invalidation)
~1.3440 – 1.3450
Recent higher low
If broken, bullish bias weakens
✅ Outlook Summary
Element Level
Entry Zone 1.3470 – 1.3500
TP1 1.3584 – 1.3600
TP2 1.3700 – 1.3706
Support Area 1.3440 – 1.3450
Would you like:
📌 A cleaner version of this chart with marked entries and SL/TP?
🧾 A trade plan written in signal format?
Let me know how you'd like to proceed!
Trade active
First Target Done ($1,35834) if you did not close, you can risk-free your position..
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Disclaimer
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Join me On Telegram
t.me/+ljZOrmYoIKg2NTY0
Gold Trading Signals 🚀 99%
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Join My Recommended Broker, Link
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t.me/+ljZOrmYoIKg2NTY0
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Join My Recommended Broker, Link
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World Best Broker Exness ✅
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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.