GBP/USD Analysis – 27.Feb.2026
GBP/USD Analysis: By analyzing the #GBPUSD chart on the 4-hour timeframe, we can see that price is currently trading around the $1.34750 level. After reaching the key $1.344 demand zone last night, strong buying pressure stepped in and prevented further downside.
The reaction from this demand level confirms that buyers are actively defending this structure. As long as price continues to hold above the $1.344 region, the bullish continuation scenario remains valid and momentum is expected to gradually build.
If this strength continues, the next upside targets to watch are $1.35100, followed by $1.35230, then $1.35500, and finally the $1.35800 level in case of sustained bullish expansion.
(This Post on TradingView)
Author : Arman Shaban
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