GBP/USD: Bullish Trend Continuation – Targeting 1.289

Market Pulse

GBP/USD is clearly bullish. The trend is my friend here, and we're seeing strong continuation, up 0.37% today. Currently trading at 1.26966, the pair has climbed steadily from the day's low of 1.26267. Broader USD weakness is fueling this move.

The Setup

This is a clean setup for a scalp long. I'm taking this trade at 1.268. Levels are clear. Our immediate resistance is at 1.2767, which I expect to break with current momentum. The 1.265 support is holding strong, confirming buyers are in control.

Trade Plan

My stop loss is set tight at 1.2596. Looking for a push towards 1.28 and ultimately targeting 1.28