Pair: GBP/USD Date: 12 October 2025

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Pair: GBP/USD Date: 12 October 2025British Pound/US DollarFX:GBPUSDELM_OUMarket Context: Price rejected a strong daily support zone, then broke the previous 4H high and started to consolidate around that area. Possible Scenarios: 1.Bearish scenario: Price may drop again toward the same daily support, especially if consolidation fails to break higher. 2.Bullish scenario: Price could continue upward to sweep the last inducement within the current range before showing a potential reaction. Outlook: Market currently shows indecision / accumulation behavior around the recent breakout level. Traders should watch for liquidity grab confirmation or clear displacement to confirm the next directional bias