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British Pound / U.S. Dollar
Long
Updated

Lingrid | GBPUSD Range-Bound Action with Upside Bias Toward 1.36

1 185
The price perfectly fulfilled my previous idea. GBPUSD GBPUSD formed a higher low at trendline support and recently broke above the descending trendline, signaling bullish intent. Price is now consolidating in a range just above the swap zone around 1.3500. If it holds this structure, a breakout could lift the pair toward the 1.3580 resistance area.

📈 Key Levels
  • Buy zone: 1.3490–1.3500
  • Buy trigger: breakout from range top
  • Target: 1.3580
  • Sell trigger: close below 1.3490

💡 Risks
  • Failure to hold above the breakout zone
  • Bearish pressure from resistance at 1.3580
  • Return to range could delay upside move

Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
Trade closed: target reached
Great setup +80 pips.
It was really good call
Lingrid
💰FREE FOREX signals in Telegram: bit.ly/3F4mrMi

🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid

🌎WebSite: lingrid.org
Also on:
signalssignalservicesignalsproviderTrend Analysis

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
signalssignalservicesignalsproviderTrend Analysis
Lingrid
💰FREE FOREX signals in Telegram: bit.ly/3F4mrMi

🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid

🌎WebSite: lingrid.org
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.