Signal logged
Mar 12, 2026, 08:30 AM
MT5 #10045821
Score
Entry
1.28456
Stop Loss
1.28198
TP1
1.28714
TP2
1.29230
All 4 timeframes bullish — D1, H4, H1, M5 above EMA20
Fresh H4 demand zone, first test since formation
Strong M5 engulfing candle, body 2.1x average
USD bearish post-CPI, GBP macro supportive
1.6x average volume confirms institutional participation
2.98R to TP2 — exceptional ratio to clean resistance
No high-impact events in 2hr window
08:15 London — slight delay past optimal open window
> CEO_ANALYSIS.LOG // GBPUSD // 2026-03-12
GBPUSD has been in a confirmed uptrend on D1 since the January swing low at 1.2400. Today's softer-than-expected US CPI reading has triggered a broad USD selloff, with DXY down 0.4%. GBP is fundamentally supported — UK services PMI beat and BOE tone remains balanced.
Technically, price pulled back to the H4 demand zone at 1.28200-1.28350, which was previous resistance from Feb 28th. This zone is fresh — first test since the breakout. The pullback showed decreasing bearish momentum (RSI divergence on H1), and the M5 printed a clean bullish engulfing candle at 08:15 with volume 1.6x the 20-bar average.
SL placement at 1.28198 puts it 5 pips below the zone base, giving the trade structural validation. TP1 at 1.28714 targets the H1 minor resistance. TP2 at 1.29230 targets the D1 measured move objective and prior weekly high.
This is a textbook SMC demand zone trade with full fundamental confluence. A+ setup — executing at 0.5% risk.
Result (R)
+2.98R
Pips
+77
Close Price
1.29230
Closed at Mar 12, 2026, 02:45 PM
Bias
BULLISHConfidence
HIGHKey Driver
USD weakness following soft CPI data. Fed pricing shifted dovish. GBP holding above 200 DMA on weekly chart.
News Risk
CLEARMarket Structure
Price at H4 demand zone 1.28200-1.28350 — previous resistance, now first-test support. Fresh zone, no touches since formation.
Entry Trigger
M5 bullish engulfing candle closed above EMA9 at 1.28456 with 1.6x average volume
Invalidation
Below 1.28198 (H4 demand zone base + 5 pip buffer)
SL Type
structuralVolume
1.6x average on entry candle