Bullish Breakout into Supply in GBP FMFR Possibility High in 1DBritish Pound Sterling / United States DollarCMCMARKETS:GBPUSDCandleKing09I observed a clear bearish channel structure, where price consistently respected lower highs and lower lows, forming a controlled downtrend. This channel represents a classic distribution phase, where selling pressure dominates while liquidity is gradually built on both sides. Before the channel, the market created a strong impulsive move followed by a reaction, forming a key reference level. Price later revisited this level after completing the bearish leg, showing a ROS (Repetition of Structure) behavior where the market mirrors previous movement patterns. The breakout from the channel was sharp and decisive, indicating a shift from supply dominance to demand entry. This transition reflects MMC logic where prolonged trends often end with a strong counter-move once liquidity is absorbed. Speculative Outlook: Price is now approaching a higher timeframe supply zone, which becomes a critical reaction area. If this zone holds, the market may show a temporary rejection or consolidation, potentially forming another CCP before the next move. There is also a possibility of FMFR behavior, where price slightly breaks above the supply zone, traps breakout buyers, and then reverses downward. However, if price sustains above this zone with strong bullish momentum, it would confirm a trend reversal, opening the path toward higher liquidity levels. This makes the current zone a key decision point between continuation of the new bullish leg or a rejection back into the range.