GBPUSD Potential up trend continuation after the correction and

Oct 1, 2024

The GBPUSD is currently in a consolidation zone after reaching a resistance area. While the market remains in a bullish trend on the daily timeframe, indicating ongoing demand pushing prices higher, the recent break of the upward trendline suggests a temporary pause in bullish momentum. This break hints at a possible slowdown as the market consolidates, preparing for its next move. Given the current range, it's likely the market will remain within this zone for a while before resuming the bullish trend. The target is the resistance zone at 1.33960

Oct 4, 2024

Trade closed: stop reached

GBPUSD Price moved against the expectations of the analysis