GBP/USD 4H Bullish Reversal SetupAnalysis:

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GBP/USD 4H Bullish Reversal Setup Analysis:British Pound Sterling / United States DollarCMCMARKETS:GBPUSDDOCTOR_PIPS05The chart shows GBP/USD breaking out of a descending channel, signaling a potential bullish reversal. Price has bounced from a strong support zone (highlighted in yellow), with bullish momentum building. The breakout is backed by a higher low structure, which often precedes an uptrend continuation. Key Levels: Support: 1.3349 First Resistance / TP1: 1.3552–1.3557 Final Target / TP2: 1.3737–1.3752 Outlook: If price holds above 1.3439 and breaks 1.3552 with volume, the next leg toward 1.3750 is likely. Watch for retests of the breakout level for confirmation before entering long. 📈 Bias: Bullish above 1.3439 🕐 Timeframe: 4H chart Let me know if you want SL (stop loss) and entry suggestions too.