GBPUSD – Bullish Breaker Setup into CPI & PPI Week

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GBPUSD – Bullish Breaker Setup into CPI & PPI WeekBritish Pound / U.S. DollarFOREXCOM:GBPUSDObamapWe’ve just seen a bullish break with strong momentum from the 1.3340s, reclaiming and holding above a 4H Bullish Breaker (1.3341 – 1.3386). Price action suggests a shift in order flow to the upside, with buy-side liquidity objectives in sight. Key Context: The Bullish Breaker aligns with prior resistance turned support. Strong displacement after the break, indicating algorithmic buying. Price is consolidating just above breaker high, holding structure. Upcoming US CPI (Tuesday) and PPI (Friday) could inject volatility, potentially fueling continuation. Entry might form as soon as early as Monday London or latest NY kill zone. Targets: Buy Side Target 1: 1.3587 – first liquidity pool above recent highs. Major Buy Side: 1.3788 – larger weekly liquidity draw.