GBP/USD โ€“ Breakout Retest Setup

60
๐Ÿ” Macro Fundamentals
LEI improving โ†’ 86.8 โ†’ 90
Exo + LEI score = 78.5 โ†’ Healthy trend continuation bias
Exogenous factors: April score 4.5 โ†’ positive skew
USD macro weak & dovish, GBP maintaining hawkish tone

๐Ÿ“… Seasonality
๐Ÿ“ˆ GBP bullish from April 24 onward
๐Ÿ“‰ USD bearish all month
โœ… Perfect seasonality window for bullish GBP/USD swing

๐Ÿ“Š COT Sentiment
Both GBP and USD = โš–๏ธ Neutral
โ†’ No positioning pressure, clean technical entry expected

๐Ÿ“ˆ Technical Setup (4H Chart)
Price has broken out of structure, now retesting resistance as support
Structure forming above 1.32312, with a solid upside trend
๐Ÿ” Plan: Enter on breakout retest for trend continuation
๐Ÿ“ฅ Entry: 1.32312
โ›” Stop Loss: 1.31581 (below structure)
๐ŸŽฏ Take Profit: Trail or target based on 1.3550โ€“1.3600 zone
๐Ÿงฎ R:R โ‰ˆ 1:2+

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