GBP/USD – Uptrend Channel Analysis!

6月29日

GBP/USD is trading inside a strong uptrend channel on the 4-hour chart.
Recent price action confirmed a Break of Structure (BOS), signaling solid bullish control.
Buyers have pushed price firmly above previous resistance zones.

Price is now near the upper boundary of the channel.
Signs of short-term exhaustion suggest a likely retracement ahead.
A pullback into the retracement level or channel midline would offer better risk-reward.

Key Levels to Watch:
Channel support for potential bounce.
Retracement zone as a buy opportunity.



Trade Plan:
Wait for a clean retracement toward support.
Look for bullish confirmation before entering long.
Avoid chasing highs – focus on discounted entries.

Bias: Bullish while price holds the uptrend channel structure.
Expect continuation after healthy correction.
Patience is critical – let the market set up a quality entry.
Traders should align with the dominant trend and manage risk carefully.

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7月3日

交易進行

GBPUSD – Retracement Level Touched

GBPUSD has now touched the key retracement level as expected.
Buyers are stepping in, but no strong bullish confirmation yet.
We’re closely watching for a big bullish candle to confirm entry.

Plan:
1.Wait for bullish confirmation (strong candle close).
2.Only hold trades after confirmation of buyer strength.
3.Avoid early entries – patience is key at this zone.
4.Structure still supports the uptrend; this pullback is healthy.
5.Let price confirm before committing to long positions.

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