Forex 3.00
Posted June 02, 2026

GBPUSD BUY

Buy
BUY
Entry Price
1.3450

Signal Details

Direction
Buy
Entry Price
1.3450
Risk: Reward
1:1.3

Trade Levels

Stop Loss
1.3390
Take Profit 1
1.3500
Take Profit 2
1.3530

Technical Chart

Market Analysis

The GBP/USD 4-hour chart is still biased to the upside, and it is still possible we will get further upside as the chart has upward pressure in the short term.

Key Indicators

  • The currency pair is currently holding above the ascending trendline support, which is a crucial short-term support.

  • The Relative Strength Index (RSI) is also above the neutral 50 level, reinforcing the momentum.

Fundamental Context

The GBP/USD pair continues to post modest weekly gains. As of writing, the pair is trading near 1.3460. Based on the 4-hour chart, there is potential for the GBP to revisit the 1.3500/30 resistance area if the upward correction persists.

Risk Alert

Technically, the currency pair is still correcting losses. However, despite the rebound, any gains are merely rallies that could bring up better areas to short.

Other Market Analyses

Explore more professional technical analyses across different markets and timeframes.

GBPJPY

Sell
Entry Price 215.0000
Timeframe 2.00
Posted April 21, 2026

GBPUSD

Buy
Entry Price 1.3535
Timeframe 3.00
Posted April 16, 2026

Dollar Index

Sell
Entry Price 98.2500
Timeframe 3.00
Posted April 15, 2026

Bitcoin

Buy
Entry Price 73600.0000
Timeframe 4.00
Posted April 15, 2026