Signal GBPUSD Buy — H4 - June 23, 2026 20:37 GMT-4
On the GBPUSD H4 chart the market has been carving a descending channel from the 1.345 highs down to the 1.318 low observed in the last two sessions. The most recent H4 candle closed marginally above the low of the previous bar (1.32008 vs 1.31867) and produced a higher low, signalling a potential bullish reversal at the former support zone around 1.319‑1.320. Volume on the bounce was modest but noticeably higher than the negligible 1,269 contracts in the latest bar, suggesting that buying interest is re‑emerging rather than a fleeting spike. The price is now above the 20‑period moving average,…