GBP/USD is showing strong bullish momentum, pushing toward the key resistance zone between 1.33000–1.36000. However, a short-term correction may occur before the next leg higher.
Key Levels:
Support Zone: 1.27983
Resistance Zone (Target): 1.33000–1.36000
Invalidation Level of Bullish Trend: 1.22544
Bearish Scenario: If 1.22544 breaks, eyes on 1.13843
The structure supports bullish continuation unless price breaks below 1.22544. Stay patient and look for clean entries post-correction.
Key Levels:
Support Zone: 1.27983
Resistance Zone (Target): 1.33000–1.36000
Invalidation Level of Bullish Trend: 1.22544
Bearish Scenario: If 1.22544 breaks, eyes on 1.13843
The structure supports bullish continuation unless price breaks below 1.22544. Stay patient and look for clean entries post-correction.
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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.
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.