GBP/USD - Wedge Breakout + Macro (29.06.2026)

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GBP/USD - Wedge Breakout + Macro (29.06.2026)Great British Pound vs. US DollarFX:GBPUSDKABHI_TA_TRADINGGBP/USD is trading within a well-defined descending wedge formation on the 30-minute timeframe. Price is currently attempting to break above the upper trendline after successfully holding the key support zone around 1.3150–1.3170. A confirmed breakout could trigger fresh bullish momentum toward higher resistance levels. The technical structure suggests buyers are gradually regaining control, with price compressing near the apex of the wedge. Sustained trading above the breakout area may open the path toward the next upside objectives. 🟒 1st Resistance : 1.32895 🟒 2nd Resistance : 1.33326 πŸ”΄ Support Zone : 1.31514 – 1.31687 πŸ”₯ High Impact Events : β€’ 30 June 2026 β€” UK Final Q1 GDP β€’ 30 June 2026 β€” U.S. JOLTS Job Openings ⚠️ Disclaimer : This analysis is for educational purposes only Support the idea πŸš€Boost | πŸ’¬ Comment | πŸ” Share | πŸ”ΈπŸ”Έ Charts Don’t Lie, Traders Don’t Quit πŸ”ΈπŸ”Έ