GBP/USD Primed for a Breakout: Bullish Momentum Ahead!

5 בדצמ׳ 2024

The GBP/USD currency pair is forming a strong ascending triangle pattern on the 4-hour chart, signaling a potential bullish breakout. With bullish sentiment dominating on multiple timeframes (5M to Weekly), and momentum indicators showing strength, I anticipate a surge beyond the 1.2800 resistance level. If confirmed, this move could open doors for a rally toward 1.2900 and beyond. Keep an eye on the breakout zone and manage your risk accordingly!

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