Gbp Usd Price Action Update April 21 2025

GBP/USD Price Action Update โ€“ April 21, 2025

  • Admin
  • 21 April, 2025

Article overview

๐Ÿ“ŠGBP/USD Price Action Update โ€“ April 21, 2025
๐Ÿ”นCurrent Price: 1.33885
๐Ÿ”นTimeframe: 1H

๐Ÿ“ŒKey Demand Zones (Support):
๐ŸŸข1.32861โ€“1.32921 โ€“ Recent Breaker Block Zone (ideal for bullish continuation)
๐ŸŸข1.32026โ€“1.32138 โ€“ Strong Demand Zone (clean rally base rally formation)

๐Ÿ“ŒKey Supply Zone (Resistance):
๐Ÿ”ด1.34128โ€“1.34346 โ€“ High-Interest Supply Zone (expect reaction or reversal)

๐Ÿ“ˆBullish Outlook:
Price has rallied strongly and is approaching the 1.34128โ€“1.34346 supply zone. If we break through this level with momentum, expect further upside. In case of rejection, look for bullish re-entries at 1.32861โ€“1.32921 or deeper into 1.32026โ€“1.32138.

๐Ÿ“‰Bearish Outlook:
If the supply zone at 1.34128โ€“1.34346 holds, we may see a pullback toward the 1.32861 area. A break below that could lead to a deeper correction to 1.32026. Watch for bearish price action confirmation around the supply zone.

โšกTrade Setup Tip:
โœ…Wait for price reaction at the supply zone
โœ…Enter only after confirmation (e.g., BOS/CHoCH or engulfing)
โœ…Use tight stop-loss with proper RR

#GBPUSD #ForexTrading #SmartMoneyConcepts #PriceAction #TechnicalAnalysis #SupplyAndDemand #BreakOfStructure #PoundAnalysis #ScalpingSetups #FXFOREVER #MarketUpdate #IntradayTrading