VWAP + S&R – Technical & Fundamental Confluence

Technical Setup: GBPUSD is in a strong uptrend but has made an aggressive pullback. Price has now reached a key support/resistance zone and the two-day VWAP, with an anchored VWAP from the low of two days ago providing additional confluence.

Fundamental Outlook: The pair remains bullish based on key data points:

MPMI, retail sales, inflation, employment change, and unemployment rate all support further strength.
Retail positioning is also bullish, adding to the momentum.
With both technical and fundamental factors aligned, this setup suggests a potential continuation of the uptrend.