GBP/USD – Breakout Confirmation Across Timeframes
🔹 Multi-Timeframe Bullish Setup by PULSETRADESFX
GBP/USD is showing a strong bullish shift after breaking out of a well-defined descending channel. Price reacted perfectly from the 1.33400–1.34060 demand zone and is now pushing above descending trendline resistance across the 2H and 4H charts.
This signals early signs of trend reversal, backed by confluence across intraday and higher timeframes.
📌 Trade Setup Details:
Entry: 1.34530 – 1.34550
SL: 1.34060 (Below demand)
TP: 1.35724 – 1.36000 (Upper supply zone / channel target)
The structure is clean, the R:R is healthy, and momentum favors bulls after multiple rejections at key support.
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✅ Confluences Supporting the Long:
Descending channel breakout (2H & 4H)
Triple demand zone rejection
Break and close above minor resistance
Clean bullish momentum candle
Economic catalysts ahead (watch USD data releases 📅)
📅 July 18, 2025
📊 FOREX.com | GBP/USD (4H, 2H)
#GBPUSD #Forex #BreakoutTrade #BullishSetup #TechnicalAnalysis #TradingView #PULSETRADESFX
🔹 Multi-Timeframe Bullish Setup by PULSETRADESFX
GBP/USD is showing a strong bullish shift after breaking out of a well-defined descending channel. Price reacted perfectly from the 1.33400–1.34060 demand zone and is now pushing above descending trendline resistance across the 2H and 4H charts.
This signals early signs of trend reversal, backed by confluence across intraday and higher timeframes.
📌 Trade Setup Details:
Entry: 1.34530 – 1.34550
SL: 1.34060 (Below demand)
TP: 1.35724 – 1.36000 (Upper supply zone / channel target)
The structure is clean, the R:R is healthy, and momentum favors bulls after multiple rejections at key support.
---
✅ Confluences Supporting the Long:
Descending channel breakout (2H & 4H)
Triple demand zone rejection
Break and close above minor resistance
Clean bullish momentum candle
Economic catalysts ahead (watch USD data releases 📅)
📅 July 18, 2025
📊 FOREX.com | GBP/USD (4H, 2H)
#GBPUSD #Forex #BreakoutTrade #BullishSetup #TechnicalAnalysis #TradingView #PULSETRADESFX
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.