In last week’s GBPUSD outlook, I pointed to the 1.34 zone as a potential buy area and likely end of the correction.
The market reacted as expected, reversing from 1.34 and rallying to 1.35. Toward the end of the week, a brief correction followed — but price held above 1.34 and has now returned to 1.35, printing a higher low in the process.
📌 From both a technical and psychological standpoint, 1.35 remains a key level. A confirmed break above could lead to a retest of the recent high — or even push for a new high.
✅ My bias stays bullish as long as 1.34 support remains intact.
Disclosure: I am part of TradeNation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
The market reacted as expected, reversing from 1.34 and rallying to 1.35. Toward the end of the week, a brief correction followed — but price held above 1.34 and has now returned to 1.35, printing a higher low in the process.
📌 From both a technical and psychological standpoint, 1.35 remains a key level. A confirmed break above could lead to a retest of the recent high — or even push for a new high.
✅ My bias stays bullish as long as 1.34 support remains intact.
Disclosure: I am part of TradeNation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Related publications
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.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Related publications
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.