Fri, 10 Apr 2026 13:46:11 GMT
GBP/USD Market Structure and Breakout Pattern Analysis: Key Levels, Trend Reversal & Outlook
Price action suggests a transition from a bearish phase into a potential bullish breakout. From November to February, the pair moved steadily within an ascending channel, respecting support and resistance boundaries until peaking near 1.3800. After that, it shifted into a descending channel through February to early April, forming lower highs and lower lows as momentum cooled. Recently, however, price