GBPUSD H4 Update

GBPUSD continues to respect the bullish structure despite the recent consolidation. Price is currently retracing into the highlighted liquidity/demand area, which remains the key zone to watch for bullish continuation.

🟢 Bullish bias remains intact while price holds above the current demand.

Key levels to watch:

* Current demand/liquidity: 1.3410 – 1.3440
* First target: 1.3550 – 1.3565 (weak high)
* Final target: 1.3645 – 1.3660 (major supply)

My expectation remains unchanged: a sweep into the liquidity resting below the current range could provide the fuel for buyers to step back in. A confirmed bullish reaction from this area would increase the probability of a continuation toward the weak high and eventually the major supply zone above.

⚠️ Invalidation: A decisive H4 close below the current liquidity/demand zone would shift the short-term outlook and increase the likelihood of a deeper retracement before any continuation higher.

*Patience is key—let the market confirm the move before entering. Protect your capital and manage risk accordingly.* 📈