GBP/USD — 4H Update
Bias: BULLISH 📈
Price is currently pulling back into the 1.3510–1.3535 demand/support zone after pushing into the recent highs.
Plan:
* 🟢 Hold above 1.3510 → bullish continuation
* 🎯 Target 1: 1.3560
* 🎯 Target 2: 1.3650–1.3660
* 🔴 Sustained break below 1.3490 would weaken the bullish setup.
The chart structure still favours buying the dip rather than chasing the move.
⚠️ Forex Calendar — This Week
* 🇬🇧 Tue: UK Employment — released; labour market showed some cooling.
* 🇬🇧 Wed: UK CPI — key GBP event
* 🇺🇸 Wed: FOMC Minutes — key USD event
Technical view: 🟢 Bullish while 1.3510 holds.
*Educational analysis only — not financial advice.*
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