GBPUSD – Bullish Continuation | 4H Timeframe

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GBPUSD – Bullish Continuation | 4H TimeframeBritish Pound vs US DollarPEPPERSTONE:GBPUSDXris-CapitalfxGBPUSD is currently trading within an ascending channel, showing an overall bullish structure. My expectation is for price to make a temporary bearish retracement towards 1.33652, where I anticipate buyers may step in and support the next bullish move. My Market Outlook: Expected retracement: 1.33652 Key support / Entry zone: 1.33611 Stop Loss: 1.33287 TP1: 1.34615 TP2: 1.35409 If price respects the support zone, I will be looking for bullish continuation towards the upper resistance area. My approach: Allow the retracement to develop, wait for confirmation, and then look for the next buying opportunity. Patience. Precision. No chasing the market. #GBPUSD #ForexTrading #PriceAction #TechnicalAnalysis #TradingView