GBPUSD Setting Up for Continuation
GBPUSD remains firmly supported above its recent impulse move and continues to respect the bullish structure on the 4H timeframe. Price has shifted into a controlled consolidation, with shallow pullbacks and consistent buyer response — matching the projected continuation path marked on the chart.
This type of behaviour reflects absorption rather than weakness, suggesting that larger participants are maintaining positions while liquidity rebuilds. The absence of aggressive selling further supports the idea of a potential next leg higher.
If this structure holds, the pair may attempt to extend in line with the broader trend as momentum rebuilds. Patience and confirmation remain key in this phase.
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