The GBPUSD H1 chart shows a bullish reversal forming near key support at 1.33804, with price consolidating within a rangebound structure after a recent decline. The prior candle closed at 1.33563, testing lower levels but failing to break below the critical support zone, indicating potential buying interest. Volume on the entry candle (1.33804) is moderate, aligning with the consolidation phase, while recent higher-volume candles suggest accumulation near the support level. The price has been building momentum upward, with consecutive higher closes and a bullish engulfing pattern visible in the last few candles. This setup implies a strong likelihood of a…

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