Cable Surge Potential: MA Breakout Signals Bullish PathwayBritish Pound vs US DollarPEPPERSTONE:GBPUSDThe-Thief📊 GBP/USD "THE CABLE" | Bullish Breakout Setup - Swing Trade Alert 🚀 🎯 TRADE PLAN: BULLISH MOMENTUM PLAY 📍 Entry Strategy: ✅ Pending BUY Order @ 1.32000 (Post Moving Average Breakout) ⏰ Wait for confirmed breakout + candle close above the MA 🛡️ Stop Loss: ❌ Conservative SL @ 1.30500 (-150 pips) ⚠️ RISK DISCLAIMER: This is MY stop loss based on my strategy. Adjust according to YOUR risk tolerance, position sizing & trading plan. Trade at your own risk. 🎯 Take Profit Target: 💰 Primary TP @ 1.33700 (+170 pips) 📊 Moving Average acting as resistance + overbought zone confluence ⚠️ PROFIT DISCLAIMER: Lock partials on the way up. Trail your stops. This is NOT financial advice - manage YOUR exits based on YOUR strategy. 🔍 TECHNICAL ANALYSIS: 📈 Trend: Bullish structure forming 🧱 Key Level: 1.32000 breakout zone = trigger 🚧 Resistance: MA + 1.33700 zone acting as "police barricade" ⚡ Setup: Classic MA breakout + momentum continuation 💱 CORRELATED PAIRS TO WATCH: Positive Correlation (Move Together): EUR/USD - Currently @ 1.1609 - Both pairs influenced by USD strength/weakness. If EUR/USD rallies, GBP/USD typically follows. GBP/JPY - Currently @ 203.39 - Confirms GBP strength across multiple pairs Inverse Correlation (Move Opposite): USD/JPY - Currently @ 154.69 - USD strength indicator. If USD/JPY falls, it signals USD weakness = GBP/USD strength DXY (Dollar Index) - Watch for DXY weakness to confirm GBP/USD upside Key Correlation Insight: 🔗 If you see EUR/USD breaking resistance + DXY breaking support simultaneously = HIGH probability GBP/USD follows through to target ⚠️ RISK MANAGEMENT RULES: ✔️ Never risk more than 1-2% of account per trade ✔️ Set alerts, don't chase the market ✔️ Respect your stop loss - NO EXCEPTIONS ✔️ Take partials at key levels (1.3250, 1.3300) ✔️ Monitor correlations - if EUR/USD reverses, watch GBP/USD closely 👊 Good luck, OG Traders! Drop a 👍 if you're watching this setup!