GBPUSD 1H — Bullish Breakout Setup

Wait 5 sec.

GBPUSD 1H — Bullish Breakout SetupGBP/USDOANDA:GBPUSDAwaissmcGBPUSD is consolidating inside a second range after a strong bearish displacement. Price is currently holding around 1.3550, with the range low near 1.3533 acting as key support. The setup suggests a potential liquidity sweep below the range followed by bullish expansion. If price respects the 1.3533–1.3508 demand area and confirms bullish structure, the upside target is the major liquidity zone around 1.3656. Target: 1.3656 Invalidation: Below 1.3508 Key Area: 1.3533–1.3508