💷 GBP/USD: Poised for Explosive Wave 5 to 1.4000+!

📊 Market Overview

Timeframe: Daily Chart (D1)
Market: British Pound / US Dollar
Bias: BULLISH 🟢

📈 Wave Analysis

Cable has completed a major corrective decline and is forming a powerful Wave 5 rally setup.
After bottoming near 1.2000, the pair is building momentum for a spectacular move to
1.4000-1.4500!

Key Wave Points:

• ✅ Wave 3 decline completed at 1.2000
• 🔄 Wave 4 correction in rising channel
• 🎯 Wave 5 target: 1.4000-1.4500
• 📈 161.8% Fibonacci extension aligns at 1.4500

🎯 Critical Levels

Support:

• 1.2000-1.2200 (Wave 4 protection)
• 🔴 Below 1.2000 invalidates bullish scenario

Targets:

• 1.2800-1.2900 (Take Profit 1)
• 🎯 1.4000-1.4500 (Ultimate Wave 5 target)

💡 Trade Setup

Entry Strategy: Enter on pullbacks to 1.2200-1.2500
Stop Loss: Below 1.2000
First Target: 1.2900
Main Target: 1.4000-1.4500
R/R Ratio: 1:6+ 💎

⚡ The Big Picture

GBP/USD is gearing up for a multi-month rally that could deliver 2,000+ pips!
The Wave 5 setup combined with rising channel support creates a golden opportunity. Don't miss this major trend
reversal!