GBPUSD Bullish Breakout and Retest – Technical Analysis...

29 mag

Hello Traders,
Here is a detailed analysis of GBPUSD that may help guide your trading decisions
and support the community with structured, actionable insights.

Technical Overview:
GBPUSD GBPUSD has been maintaining a strong bullish trend and recently broke above a significant resistance zone. Following the breakout, the price pulled back for a healthy retracement and is now testing the support level around 1.3430, which previously acted as resistance.

The market is currently forming a bullish candlestick pattern at this key support area, suggesting a potential continuation of the uptrend.

Trade Setup:
Entry Zone: Around 1.3430 (support level)
Target 1: 1.3585
Target 2: 1.3750
Stop Loss: Below the recent swing low (adjust based on your risk management plan)

This setup aligns with the bullish market structure and offers a favorable risk-to-reward ratio.

Community Note:
If you find this analysis useful, feel free to share your thoughts in the comments. Let’s build a community focused on disciplined, informed trading.

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30 mag

Trade attivo

🔵 GBPUSD Bullish Setup – 80+ Pips Running!
As shared earlier, our long entry from 1.3430 has been activated.
Price followed through with strong bullish momentum, reaching up to 1.3510 — locking in 80+ pips profit. ✅

🔥 Clean execution and solid gains — congratulations to everyone who followed the plan!

Stay connected — more setups on the radar.