GBPUSD H4 ANALYSIS

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GBPUSD H4 ANALYSISGreat Britan Pound / US DollarEIGHTCAP:GBPUSDPULSETRADESFXGBPUSD H4 ANALYSIS πŸ“‰ Price is currently trading around 1.3408 after rejecting the higher resistance zone. πŸ“Œ Key observations: β†’ Price has been respecting the ascending structure, but momentum is slowing near the upper range. β†’ A rejection from the 1.3450 – 1.3470 supply zone suggests sellers are defending this area. β†’ We are now watching the rising trendline support around current levels. Bearish scenario πŸ”» A clean break + retest below the trendline could open the way towards: 🎯 TP1: 1.3350 🎯 TP2: 1.3300 Invalidation: sustained move back above 1.3450+ Bullish scenario 🟒 If buyers defend support and reclaim the resistance zone, GBPUSD could continue the upward structure. ⚠️ Patience β€” wait for confirmation, don’t chase candles. #GBPUSD #Forex #TechnicalAnalysis #PulseTradesFX Precision setups. Smart execution. PulseTradesFX.