{"id":102105,"date":"2025-12-03T20:04:10","date_gmt":"2025-12-03T13:04:10","guid":{"rendered":"https:\/\/pediafx.com\/en\/gbpusd-set-to-continue-bullish-trend-after-false-break-in-picu\/"},"modified":"2025-12-03T20:04:10","modified_gmt":"2025-12-03T13:04:10","slug":"gbpusd-set-to-continue-bullish-trend-after-false-break-in-picu","status":"publish","type":"post","link":"https:\/\/pediafx.com\/en\/gbpusd-set-to-continue-bullish-trend-after-false-break-in-picu\/","title":{"rendered":"GBPUSD Set to Continue Bullish Trend After False Break in PICU"},"content":{"rendered":"<p>The GBPUSD pair has recently shown a notable shift in direction, failing to maintain selling pressure despite briefly breaking through a significant <em>support<\/em> level. The inability to form a new low has led to a strong indication of a <em>false break<\/em>, signaling that seller dominance is starting to wane. This development has prompted a return to a <em>bullish<\/em> trajectory, suggesting that <em>bidders<\/em> are gaining a more robust technical footing to push prices upward.<\/p>\n<p>The momentum of the upward movement is increasingly supported by technical factors, evident from a ZigZag pattern that is re-establishing an uptrend, an upward sloping moving average (MA), and a MACD that remains in positive territory. The alignment of these technical signals indicates that buying pressure is not only recovering but also strengthening. With the market structure now favoring <em>bidders<\/em>, GBPUSD has the potential to continue its upward movement towards the nearest <em>resistance<\/em>, especially if buying pressure remains steady during the US session tonight.<\/p>\n<p><\/p>\n<p><img alt='' class='fr-fic fr-dib' src='http:\/\/pediafx.com\/wp-content\/uploads\/2025\/12\/gbpusd.mm15_as_3-12-25-1.png' style='width: 100%;' title=''\/><\/p>\n<p><\/p>\n<p>On the 15-minute <em>time frame<\/em>, the dominance of buyers is becoming increasingly evident after the price successfully broke through <em>resistance<\/em> within a <em>bullish channel<\/em>. The sharp upward movement of the MA and the consistent positioning of the MACD in positive territory confirm that the current upward trend remains solid. With this strong technical support, GBPUSD has a high probability of continuing its rally and testing crucial <em>resistance<\/em> at the 1.32420 level in the upcoming movement.<\/p>\n<p><strong>Technical Reference: <em>Buy<\/em> while above 1.32655<\/strong><br \/><strong>Potential <em>Take Profit<\/em> 1: 1.33195<\/strong><br \/><strong>Potential <em>Take Profit<\/em> 2: 1.3330<\/strong><br \/><strong>Potential <em>Stop Loss<\/em> 1: 1.32800<\/strong><br \/><strong>Potential <em>Stop Loss<\/em> 2: 1.32655<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The GBPUSD pair has recently shown a notable shift in direction, failing to maintain selling pressure despite briefly breaking through a significant support level. The inability to form a new low has led to a strong indication of a false break, signaling that seller dominance is starting to wane. This development has prompted a return [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":102104,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[142,5173],"tags":[5176],"class_list":["post-102105","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trading-analysis","tag-gbpusd"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>GBPUSD Set to Continue Bullish Trend After False Break in PICU - PediaFX - Your Trusted Global Online Broker Review Service - Top-Rated Forex Brokers 2024<\/title>\n<meta name=\"description\" content=\"Discover PediaFX: Your trusted platform for honest and unbiased global broker reviews. 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