GBPUSD on H1 shows a bullish setup following a consolidation phase. The recent low at 1.33513 acts as a key support level, with a notable volume spike of 7776 confirming selling exhaustion. Price rebounded strongly from this area, closing above 1.33556 with increasing volume, indicating potential buying strength. The prior range of 1.338-1.340 has been tested multiple times, suggesting a recurring support zone. The current close near 1.33556 aligns with the breakdown of the consolidation pattern, where the price has found traction below the former range. With the H1 timeframe capturing a broader trend, the setup favors a retest of…

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