#gbpusd #eurusd
The GBPUSD on the 4H chart is forming a contracting triangle pattern with clear waves labeled from A to D showing a corrective structure that reflects consolidation before a potential bullish breakout. The market recently completed the D wave and is now preparing for an upward movement toward the E wave which suggests the pair may continue rising as momentum builds. The current structure indicates buyers are gaining strength while the lower support line remains intact signaling that the market is still respecting the triangle boundaries and could move higher once the breakout confirms continuation toward the next resistance zone.
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