GBPUSD Forecast | Bullish Breakout SetupBritish Pound / U.S. DollarFOREXCOM:GBPUSDJohnsonForexTraderMarket Analysis GBPUSD initially declined on the lower timeframes, confirming a bearish breakdown after breaking below a key support zone with strong bearish momentum. Following the sell-off, the market entered a consolidation phase, allowing buyers to gradually regain strength. Price has now formed a well-defined resistance zone and is printing strong bullish candles, indicating growing buying pressure. GBPUSD is approaching both the horizontal resistance level and the descending trendline. A confirmed breakout above these technical barriers could signal the beginning of a new bullish leg. The current market structure suggests that bullish momentum is building, making this a key area to monitor for a breakout confirmation. 🎯 Technical Targets Target 1: 1.3400 Target 2: 1.3440 📌 Trading Plan A confirmed breakout above the resistance zone and trendline may provide a high-probability buying opportunity. Wait for a strong candle close above resistance before considering an entry, and always apply disciplined risk management. ⭐ Support My Analysis 👍 Like this idea if you found it valuable. 💬 Comment below with your market outlook. ⭐ Follow my TradingView profile for professional Forex, Gold, Crypto, and Indices analysis, high-probability trade setups, and consistent technical insights. Trade with confidence. Stay disciplined. Let the market confirm the move.