Gbp Usd Price Action Update May 15 2025

GBP/USD Price Action Update – May 15, 2025

  • Admin
  • 15 May, 2025

Article overview

πŸ“Š GBP/USD Price Action Update – May 15, 2025
πŸ”ΉCurrent Price: 1.32989
πŸ”ΉTimeframe: 1H

πŸ“Œ Key Supply Zone:
πŸ”΄ 1.33134–1.33201 – Short-term supply zone, price previously rejected this area with strong bearish reaction

πŸ“Œ 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.

πŸ” FXFOREVER Insight:
βœ… Price structure forming higher lows – bullish bias intact
βœ… Monitor for strong bullish candle above supply zone
βœ… Ideal buys on break + retest with M15 confirmation

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