- June 9, 2026
- Posted by: EWGFX
- Category: Technical analysis
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Bias: Bullish
GBPUSD is showing signs of a bullish reversal after a strong rejection from the demand zone around 1.3300. Price has formed a higher low, while both RSI and MACD are printing bullish divergence on the 2H timeframe, suggesting momentum is shifting back in favor of buyers.
Trade Idea – Swing Long
Entry Zone: 1.3360 – 1.3370
Stop Loss: 1.3300
Take Profit Levels:
TP1: 1.3395
TP2: 1.3440
TP3: 1.3500
The setup offers an attractive risk-to-reward ratio of approximately 2:1. As long as GBPUSD remains above the demand zone, buyers may continue pushing toward the recent resistance levels. The bullish divergence on both RSI and MACD adds further confirmation to the potential upside move.