GBPUSD on the H4 timeframe displays a bullish structure with recent consolidation near the 1.3390-1.3410 range. The close at 1.33987 (1783987200) follows a series of higher lows and higher highs, suggesting a strong uptrend. The recent candle (1784102400) closed at 1.33959, slightly below the prior high but maintaining momentum above key support at 1.3344. Volume on the entry candle (1.33959) was elevated at 19957, confirming institutional buying pressure. The price action shows a bullish engulfing pattern on the 1.33959 close, with the low at 1.33959 breaking below the prior consolidation range. This indicates a shift in control to buyers, with…

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