GBP/USD – 1H Analysis & Prediction
Key Levels & Market Structure:
1.25263 – 1.25432: First demand zone, potential for bullish reaction.
1.24539 – 1.24691: Major support, strong liquidity grab possible.
1.27533: Key supply zone, watch for rejection.
Bullish Scenario:
If price holds above 1.25263 – 1.25432, expect a push towards 1.27533.
A strong bounce from 1.24539 – 1.24691 would confirm deeper liquidity grab before upside continuation.
Trading Plan:
Look for bullish confirmations at major support levels for long entries.
Watch price action in the fair value gap (FVG) for potential reversals.
Break above 1.27533 confirms strong upside momentum.
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