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Piyasa

gbpusd getting ready for solid rally

gbpusd getting ready for solid rally

GBP/USD OANDA:GBPUSD

GBPUSD is showing a potentially strong bullish setup. Price is breaking above the descending trendline while simultaneously approaching a key horizontal resistance area and the monthly pivot point. If we get a clear and clean breakout above this confluence zone, followed by confirmation, we could potentially see a bullish wave of 400 pips or even more over the next three days. This setup could signal significant strength in GBPUSD, but the key here is patience—we need a decisive breakout and acceptance above the resistance

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