On the D1 chart GBP/USD has broken a prolonged down‑trend. After a series of lower lows, the pair found a firm support zone around 1.332‑1.334, where volume surged on the rebound candle (≈130k contracts). The subsequent bullish candle closed above the prior high, confirming momentum and generating a higher‑high at 1.348. The 20‑day moving average now sits below the price, reinforcing the uptrend. Key resistance sits near 1.348‑1.350, while the next major support lies at 1.316‑1.318, matching the recent swing low. The buy entry aligns with the breakout above the former resistance‑turned‑support, and the stop‑loss under the low of the…

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