GBPUSD 4H — Bullish Structure With a Key POI Ahead
GBP/USD OANDA:GBPUSD
GBPUSD is maintaining a bullish structure after the recent CHOCH and BOS, with price now consolidating below a key hurdle zone.
The marked POI around 1.3440–1.3470 is an important area to watch for a potential reaction. If price respects this zone and breaks above the nearby hurdle, the next major objective could be the 1.3657 high.
I’m watching for confirmation rather than chasing price at current levels.
Not financial advice. Trade at your own risk.