📊 GBP/USD Price Action Update – May 15, 2025
🔹Current Price: 1.32989
🔹Timeframe: 1H
📌 Key Supply Zone:
🔴 1.33134–1.33201 – Short-term supply zone, price previously rejected this area with strong bearish reaction
📌 Key Target Zone (Above):
🟢 1.33608 – 1.33490 – Higher timeframe imbalance zone; potential upside target if price breaks cleanly above short-term supply
⚡️Bullish Scenario:
If price clears and holds above 1.3320, momentum may extend toward the 1.3350–1.3360 region where higher timeframe liquidity rests.
⚠️Bearish Scenario:
Rejection from 1.3313–1.3320 may lead to short-term pullback. Watch for confirmation below 1.3280 to retest 1.3249 support zone.
🔍 FXFOREVER Insight:
✅ Price structure forming higher lows – bullish bias intact
✅ Monitor for strong bullish candle above supply zone
✅ Ideal buys on break + retest with M15 confirmation
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