GBPUSD H1 Bullish Continuation from FVG Support

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GBPUSD H1 Bullish Continuation from FVG SupportBritish Pound/US DollarFX:GBPUSDTFlab📝 Description GBPUSD experienced a strong bullish impulsive move that broke the recent market structure and swept nearby liquidity. After the displacement, price is now consolidating above a Fair Value Gap support zone on the H1 timeframe. The current retracement into the imbalance suggests a potential continuation move to the upside. ________________________________________ 📈 Signal / Analysis Primary Bias: Bullish Preferred Setup: • Entry: 1.3425 • Stop Loss: Below 1.3400 • TP1: 1.3457 • TP2: 1.3484 • TP3: 1.3507 ________________________________________ 🧠 ICT & SMC Notes • Strong bullish displacement indicating clear market structure shift • Current pullback respecting H1 Fair Value Gap support • Liquidity resting above the recent highs and higher timeframe levels ________________________________________ 📌 Summary As long as GBPUSD remains above the 1.3400 support area, the retracement into the FVG zone may provide a continuation opportunity targeting 1.3457–1.3507. ________________________________________ 🌍 Fundamental Notes / Sentiment The reported ceasefire between Iran and the United States has reduced geopolitical risk, leading to weakness in the US dollar as safe-haven demand fades. In this environment, GBPUSD gains upside support, with bullish momentum favored as the pound strengthens against a softer dollar. ________________________________________ ⚠️ Risk Disclosure Trading involves substantial risk and may result in capital loss. This analysis is for educational purposes only and does not constitute financial advice. Always apply proper risk management, predefined stop-loss levels, and disciplined position sizing aligned with your trading plan.