GBPUSD price You will do a temporary descent test again

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GBPUSD 4H NEW FORECAST

Current Market Condition:
Price is at 1.2655, consolidating near the resistance zone (1.2668 - 1.2700).
The market is testing resistance after a strong uptrend.
Bullish Scenario (If Price Breaks Above 1.2700 - Resistance Zone)
1️⃣ If price breaks and closes above 1.2700, it could continue upward.
2️⃣ First target → 1.2735 (next resistance level).
3️⃣ Further upside → 1.2770 - 1.2780 (strong resistance zone).

🔹 Key confirmation: A 4H candle closing above 1.2700 signals strong bullish momentum.

Bearish Scenario (If Price Rejects 1.2700 and Drops Below 1.2620 - Pivot Line)
1️⃣ If price fails to break resistance and falls below 1.2620, bears may take control.
2️⃣ First target → 1.2550 (pivot line).
3️⃣ Further downside → 1.2500
4️⃣ If price breaks 1.2500, a deeper drop toward 1.2410 is likely.

🔻 Key confirmation: A 4H candle closing below 1.2620 and 1.2600 confirms bearish sentiment.

Trading Plan Based on This Analysis:
Buy above 1.2700 → Targeting 1.2735 & 1.2770.
Sell below 1.2620 → Targeting 1.2550 & 1.2500.
Wait for confirmation before entering a trade.

GBPUSD OUTLOOK

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