GBP/USD - 1H Analysis & Prediction
GBP/USD - 1H Analysis & Prediction
🔹 Key Levels:
✅ 1.27538 - 1.27115: Demand zones (potential reversal areas).
✅ 1.28401 - 1.28391: Resistance zone (possible liquidity grab).
🚀 Bullish Scenario:
🔹 Price may retrace into 1.27538 or 1.27115 before pushing higher.
🔹 If price respects these levels, a bullish move towards 1.28391 - 1.28401 is likely.
🔹 A clean break above 1.28401 could confirm further upside.
⚠️ Bearish Scenario:
🔹 Failure to hold 1.27115 may trigger further downside towards 1.26797 and beyond.
🔹 Rejection at 1.28391 - 1.28401 could lead to a strong pullback.
💡 Trading Plan:
✅ Look for bullish price action at 1.27538 - 1.27115 for potential long entries.
✅ If price reaches 1.28401, monitor for a breakout or reversal setup.
✅ Manage risk with stop-loss placements below key demand zones.
#FXFOREVER #GBPUSD #SmartMoney #LiquidityHunt #ForexAnalysis #TradingSetup
🔹 Key Levels:
✅ 1.27538 - 1.27115: Demand zones (potential reversal areas).
✅ 1.28401 - 1.28391: Resistance zone (possible liquidity grab).
🚀 Bullish Scenario:
🔹 Price may retrace into 1.27538 or 1.27115 before pushing higher.
🔹 If price respects these levels, a bullish move towards 1.28391 - 1.28401 is likely.
🔹 A clean break above 1.28401 could confirm further upside.
⚠️ Bearish Scenario:
🔹 Failure to hold 1.27115 may trigger further downside towards 1.26797 and beyond.
🔹 Rejection at 1.28391 - 1.28401 could lead to a strong pullback.
💡 Trading Plan:
✅ Look for bullish price action at 1.27538 - 1.27115 for potential long entries.
✅ If price reaches 1.28401, monitor for a breakout or reversal setup.
✅ Manage risk with stop-loss placements below key demand zones.
#FXFOREVER #GBPUSD #SmartMoney #LiquidityHunt #ForexAnalysis #TradingSetup
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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.
fxforever
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.