# Pound Dollar Wedge Support Recovery

> GBP/USD holds 1.34858 as institutional buyers push recovery toward 1.35400 resistance
- Title: Pound Dollar Wedge Support Recovery · TradingView | Shortify
- Summary: GBP/USD holds 1.34858 as institutional buyers push recovery toward 1.35400 resistance Institutional buyers are absorbing sell liquidity to target 1.35350…
- Keywords: gbp, usd, wedge support, 1.34700, 1.35400, oanda, tradingview, institutional buyers, technical analysis, recovery wave, business, finance
- Source: TradingView — https://tradingview.com/chart/GBPUSD/ZVIlRifX-GBP-USD-THE-1-34700-WEDGE-SUPPORT-RECOVERY-1-35400-RELIEF-SUR
- Published: 2026-09-16T05:17:47+00:00
- Read time: 1 min
- Topics: gbp, usd, wedge support, 1.34700, 1.35400, oanda, tradingview, institutional buyers, technical analysis, recovery wave, business, finance
## Wedge Support Testing
GBP/USD trades near 1.34858 testing 1.34700-1.34800 demand zone

> Holding macro support near 1.34858! Are you panic-selling this secondary wedge compression at structural demand, or locked in for the multi-wave relief surge back up to descending resistance?
## Institutional Buy Flow
Institutional buyers absorb overextended sell liquidity to engineer recovery toward 1.35100
## Multiwave Sequence
Algorithm projects five-wave recovery: impulse rebound to 1.35100, higher-low pullback to 1.34950, expansion wave to 1.35250, consolidation to 1.35100, acceleration surge to 1.35350
## Target Resistance
Primary target at 1.35350-1.35400 resistance zone for institutional buyers
## Trade Parameters
Long entry 1.34700-1.34850 with stop-loss below 1.34500 and take-profit at 1.35350
## Key takeaway

Institutional buyers are absorbing sell liquidity to target 1.35350 resistance after testing 1.34700 support