- November 17, 2025
- Posted by: EWGFX
- Category: Technical analysis
This is a GBP/USD – 4-hour timeframe chart showing:
Key Structures Present
✔ Strong Demand Zone at the bottom
✔ Downtrend Trendline Breakout Zone
✔ Accumulation Box (Blue Rectangle)
✔ Upside target at 1.35300+
✔ Retest Entry marked near 1.31550
This is a trend-reversal setup.
SUPPORT & RESISTANCE LEVELS
Major Support (Strong Demand Zone)
1.31120 – 1.31420
Immediate Support
1.31480
Key Resistance Levels
1.33000 (near the top of blue box)
1.34100 (first breakout resistance)
1.35300 (your major target zone)
ENTRY / STOP-LOSS / TARGETS
✔ Entry (Buy Entry)
Buy above: 1.31600 – 1.31700
Reason:
This is exactly where price exits accumulation
Breaks above local structure
Retests the descending trendline from above
Stop-Loss
SL: 1.31120
Why?
Below demand zone low
Below liquidity sweep
If price goes here, bullish setup invalidates
Targets (Take Profit Levels)
TP1 (Safe Target)
1.33000
TP2 (Intermediate Target)
1.34100
TP3 (Final Target)
1.35300 – 1.35400 (matches your chart arrow)
Professional Summary (Easy Copy-Paste)
BUY ENTRY: 1.31600–1.31700
STOP-LOSS: 1.31120
TP1: 1.33000
TP2: 1.34100
TP3: 1.35300
Support: 1.31120–1.31420
Resistance: 1.33000 / 1.34100 / 1.35300
Setup: Trendline Break + Demand Zone + Reversal Structure