GBPUSD - 4H - Bullish Trend Continuation Strategy

Technical Analysis: GBPUSD is in a clear bullish trend, moving within a bullish channel and printing consistent higher highs (HH) and higher lows (HL). The RSI is in sync with the price action, confirming the bullish momentum. We will look for a buy entry at the 0.618 Fibonacci retracement level, aligning with the bullish trend continuation.

Entry Strategy:

Entry Point: Buy at the 0.618 Fibonacci retracement level.
Stop Loss: Place at the bottom of the last higher low to manage risk.
Take Profit: Aim for a continuation of higher highs within the bullish channel.