British Pound / U.S. Dollar
Long
Updated

BUY TREND in GBPUSD market,Breakout downtrend & resistance level

πŸ“ˆ GBPUSD Price Forecast πŸ“ˆ

GBPUSD has broken out of the downward trendline, completed a retracement, and successfully broke above the 200 EMAβ€”a strong bullish signal! πŸš€
GBPUSD
Currently, the pair has also broken through a strong resistance level, which has now turned into support. A minor retracement to this support level is expected before the next bullish rally towards our target levels.

🎯 Technical Target Levels:
1.2730, 1.2754, 1.2810, 1.2860, and 1.2990.


πŸ“Œ Key Highlights:

- Downward trendline breakout confirmed.
- 200 EMA breakout signals strong momentum.
- Previous resistance now acting as support.
βœ… Stay tuned for more!

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Don’t miss out on the upcoming opportunities! πŸš€
πŸ“’ Let’s trade smart and win together!


#GBPUSD #ForexTrading #TechnicalAnalysis #TradingSignals
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snapshot
Breakout the resistance level now taken a retracement there...

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