GBPUSD on H1 exhibits a bullish breakout potential after consolidating within a narrow range between 1.33845 and 1.34115. The recent candle closing at 1.3367 breaks below the consolidation low, signaling a shift in momentum. Volume spikes at 1.3367 confirm the validity of this move, indicating strong institutional participation. The pair has been testing support at 1.3367 repeatedly, with consecutive closes near this level suggesting a potential reversal. Key resistance lies at 1.34233, which aligns with prior high points, creating a clear target for the upcoming rally. Price action shows a bullish trend forming after a corrective dip, with the current…

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