The price perfectly fulfilled my previous idea. 
GBPUSD GBP has bounced off confluence support near 1.3395 where the upward trendline and horizontal structure intersect. A minor range formed after the recent corrective drop, hinting at possible accumulation. A breakout above the range and reclaiming 1.3450 would shift momentum back toward the 1.3537 resistance.
📈 Key Levels
💡 Risks
GBPUSD GBP has bounced off confluence support near 1.3395 where the upward trendline and horizontal structure intersect. A minor range formed after the recent corrective drop, hinting at possible accumulation. A breakout above the range and reclaiming 1.3450 would shift momentum back toward the 1.3537 resistance.📈 Key Levels
- Buy zone: 1.3390–1.3410
- Sell trigger: breakdown below 1.3390
- Target: 1.35375
- Buy trigger: bullish breakout from current consolidation
💡 Risks
- Failure to hold above the rising trendline could shift the trend short-term bearish
- GBP remains sensitive to macroeconomic news—any surprises could disrupt this setup
- Range failure and low volume may delay the expected move upward
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
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🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
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.
💰FREE FOREX signals in Telegram: bit.ly/3F4mrMi
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
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.