Tue, 08 Sep 2026 06:59:41 GMT
GBP/USD 4-Hour Technical Analysis: Descending Channel Breakout and Key Pivot Levels
GBP/USD on the 4-hour chart has broken out of a descending parallel channel after forming a double bottom/liquidity sweep near the 1.3470–1.3480 base, confirming a bullish reversal shift. The pair has reclaimed and successfully retested horizontal support around 1.3520–1.3530, currently holding above the 1.3539 pivot. As long as price sustains above the broken upper channel line and the 1.3520 shelf,