GBP/USD: Bullish Setup Toward 1.3560

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GBP/USD: Bullish Setup Toward 1.3560GBP/USDOANDA:GBPUSDThe-CryptoSignalistGBP/USD 2-hour chart on TradingView using the Ichimoku Cloud and a manually drawn ascending trendline. What the chart suggests 1. Overall trend The market experienced a strong bearish move earlier (large drop in the middle of the chart). After the decline, price started forming higher lows, supported by the rising trendline. Recent candles are consolidating rather than trending strongly. 2. Ichimoku analysis Price is currently trading around the Kumo (cloud). The cloud ahead appears relatively thin and mostly neutral. When price is inside or very close to the cloud: Trend strength is weak. False breakouts become more common. Traders often wait for a clear breakout above or below the cloud. 3. Support and resistance Support zone Around 1.3440–1.3450 Supported by: Rising trendline Lower edge of the cloud Resistance zone Around 1.3480–1.3500 Recent swing highs are located there. Higher resistance Around 1.3540–1.3560 This matches your marked targets on the chart. 4. Bullish case A bullish continuation becomes more likely if: Price holds above the trendline. A 2H candle closes above the recent consolidation highs (~1.3480–1.3500). Price moves clearly above the cloud. Potential upside: 1.3500 1.3540 1.3560