On the H4 chart of SHBUSD, the market has been consolidating around the 4.2‑4.4 pips region after a pronounced dip to 4.13 pips in the last session. The most recent four H4 candles have closed above the 4.15 pips level, forming a higher‑low series that signals a nascent uptrend. Volume has been supportive, with the spike at 0.00000448 (volume 852) confirming buying interest at the prior high, while the subsequent lower‑volume pull‑backs have not eroded the emerging bullish bias. A clear bullish bias is reinforced by the price holding above the 4.16 pips support, while the 4.25 pips resistance line…

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