$GBPUSD | 4H Trade Setup Update ●Current Status: GBP/USD is currently testing resistance near 200 MA

$GBPUSD | 4H Trade Setup Update

● Current Status: GBP/USD is currently testing resistance near the 200 MA, positioned just above the Point of Control (POC) and nearing the 0.786 Fibonacci resistance level.

● Technical Indicators: Momentum & Money Flow: Both are rising, signaling increasing bullish pressure. Stochastic RSI: Overextended, indicating potential overbought conditions.

● Outlook: The moving averages have crossed bullish, pointing to possible continued upside. Monitor for a confirmed break above the 200 MA and the 0.786 Fibonacci level, which could signal further bullish momentum.