Hello everyone,
GBPUSD 4H NEW FORECAST
🔹 Bullish Scenario (Above 1.2600 📈)
If GBP/USD stays above 1.2600, it signals bullish momentum (buyers are in control).
The next resistance level is 1.2620.
If price breaks and stabilizes above 1.2620 (confirmed by a 4-hour candle close):
🎯 1.2660 (Next resistance)
🎯 1.2700 (Major resistance, possible high point)
✅ Conclusion: Staying above 1.2600 supports an upward move toward 1.2620, 1.2660, and 1.2700.
🔹 Bearish Scenario (Below 1.2600 📉)
If GBP/USD trades below 1.2600, it signals bearish pressure (sellers are in control).
The first target is 1.2550 (support level).
If price breaks 1.2550, it will likely drop further to 1.2500.
🚨 Important:
Failure to hold 1.2600 = Expect a move to 1.2550.
Breaking 1.2550 = More downside to 1.2500.
✅ Conclusion: Below 1.2600, expect a decline toward 1.2550 and possibly 1.2500.
🔹 Current Situation: Waiting for Confirmation ⚖️
If GBP/USD is near 1.2600, it is at a critical decision point.
Above 1.2600 = Bullish move toward 1.2620, 1.2660, and 1.2700.
Below 1.2600 = Bearish move toward 1.2550 and 1.2500.
📌 What to Watch:
A 4-hour candle close above 1.2620 = Strong bullish confirmation.
A 4-hour candle close below 1.2600 = Bearish confirmation.