GBP/USD Price Forecast – Head & Shoulders Breakout!
The GBP/USD pair is forming a Head & Shoulders pattern, signaling a potential bullish breakout! The market is respecting the trendline, and we just need a strong bullish candle above the neckline for confirmation.
📊 Technical Analysis
✅ 📉 Head & Shoulders Pattern – A bullish reversal setup
✅ 📈 Trendline Support – Market structure is holding
✅ 🔥 Breakout Confirmation – A strong bullish candle is key
🎯 Target Levels:
📌 1.277 – First short-term target
📌 1.302 – Mid-level resistance zone
📌 1.340 – Final extended target
📢 Trading Strategy:
🔹 Wait for breakout above the neckline with volume confirmation
🔹 Ensure strong momentum before entering 🚀
🔹 Hold while trendline remains respected
🔹 Set stop-loss below the breakout zone for risk management
📌 Like, comment & follow for more updates! 🔔🔥
📊 Technical Analysis
✅ 📉 Head & Shoulders Pattern – A bullish reversal setup
✅ 📈 Trendline Support – Market structure is holding
✅ 🔥 Breakout Confirmation – A strong bullish candle is key
🎯 Target Levels:
📌 1.277 – First short-term target
📌 1.302 – Mid-level resistance zone
📌 1.340 – Final extended target
📢 Trading Strategy:
🔹 Wait for breakout above the neckline with volume confirmation
🔹 Ensure strong momentum before entering 🚀
🔹 Hold while trendline remains respected
🔹 Set stop-loss below the breakout zone for risk management
📌 Like, comment & follow for more updates! 🔔🔥
Trade active
🚀 GBP/USD Neckline Breakout Successful! 📈🔥
The breakout is confirmed—momentum is strong! Keep holding for the final target and maximize gains. 💰
🎯 Final Target:
📌 Last Target Level 1.340
📢 Stay patient, manage risk & let the trade play out!
Let’s kill this target! 🚀🔥
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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.
🚀 Join My Telegram Channel for Daily Signals!
Get high-accuracy signals daily with expert analysis and trend-based strategies. Stay ahead of the market and maximize your profits! 📈💰
📌 t.me/JosProTrader
🔥 Don’t miss out—join today! 🔔
Get high-accuracy signals daily with expert analysis and trend-based strategies. Stay ahead of the market and maximize your profits! 📈💰
📌 t.me/JosProTrader
🔥 Don’t miss out—join today! 🔔
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.