GBP/USD Daily Timeframe – Bullish Reversal Setup from Major SuppGBP/USDOANDA:GBPUSDLeon-Gold-TraderMarket Overview GBP/USD is showing a strong bullish recovery after reacting from a well-defined higher-timeframe support zone. Price has respected this demand area, formed a bullish rejection, and is now attempting to build higher highs and higher lows, suggesting buyers are gradually taking control. Key Market Structure Price has bounced from a major daily support zone around 1.3130–1.3200. Multiple previous reactions confirm this area as a strong institutional demand zone. The recent bullish impulse indicates a possible trend reversal from support. A continuation above the current resistance could trigger a larger upside expansion. Entry Zone Buy Entry: 1.3290 – 1.3335 Wait for bullish confirmation or a successful retest of the highlighted entry zone before entering. Invalidation Stop Loss / Invalidation: Below 1.3130 A daily candle closing below the support zone would invalidate the bullish setup and increase the probability of further downside. Take Profit Targets TP1: 1.3450 TP2: 1.3550 TP3: 1.3650 TP4: 1.3800 – 1.3850 Key Levels Major Support: 1.3130 – 1.3200 Immediate Resistance: 1.3350 Breakout Confirmation: Above 1.3450 Higher-Timeframe Target: 1.3800+ Trading Plan As long as price remains above the daily support zone, the bullish outlook stays valid. Look for buying opportunities on pullbacks into the entry area with proper confirmation. A sustained break above nearby resistance would strengthen the bullish momentum and open the path toward the higher targets. Bias: Bullish Timeframe: 1D (Daily) Risk Management: Risk only 1–2% per trade and wait for confirmation before execution.