GBP/USD: Potential Long Setup off Support / Reversal ZoneBritish Pound / U.S. DollarFOREXCOM:GBPUSDQasimaliranjha GBP/USD: Potential Long Setup off Support / Reversal Zone Asset: GBPUSD (British Pound / US Dollar) Timeframe:4-Hour (4H) Bias:Bullish / Long 📊 Technical Analysis & Setup Overview Following a strong impulsive bullish phase through late October and early November, GBP/USD has experienced a healthy corrective pullback from its recent highs near **1.3490**. Price is now interacting with a key structural demand / support zone around the **1.3326 – 1.3350** area, presenting a potential high-reward buying opportunity. Entry Zone (Buy Limit / Market):** ~1.3326 – 1.3351 Stop Loss (SL): ~1.3272 ( placed safely below the recent swing low and support structure) Take Profit (TP): ~1.3568 (targeting the major resistance high overhead) Risk-to-Reward Ratio (RRR):** Favorable long-term expansion setup (~1:4+ structure) --- 🔍 Trade Rationale* 1. **Market Structure:** The broader 4H trend has shown higher highs and higher lows. The recent sharp drop is viewed as a pullback into a previous breakout/support zone rather than a full trend reversal. 2. **Key Support Level:** Buyers are stepping in around the 1.3320–1.3350 horizontal support block, looking for a bounce to resume the primary upward trend toward the 1.3560+ resistance level. 3. **Invalidation:** A clean 4H candle close below the stop-loss level (~1.3270) would invalidate this bullish setup, indicating deeper correction or trend shift. Disclaimer:This analysis is for educational and informational purposes only and does not constitute financial advice. Always manage your risk and trade according to your own risk tolerance.