GBPUSD on H4 timeframe shows a bullish breakout potential after a consolidation phase. Recent candles indicate a series of lower highs and higher lows, with the close at 1.34096 forming a critical support level. The entry at 1.34155 aligns with a breakout above this support, confirmed by elevated volume (19937) on the preceding candle, signaling strong buying pressure. Price action suggests a reversal from a descending trend, with the close near the upper boundary of the consolidation range indicating bullish momentum. The SL at 1.33464 is positioned below the key support, providing a risk management buffer if the breakout fails.…

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