📊 GBP/USD Technical Analysis (2H) 🚀📉
🧠 Market Overview

GBP/USD is showing a bullish market structure after printing a strong impulsive rally from the major support around 1.3274. The recent Change of Character (CHoCH) confirms that buyers have regained control, shifting momentum from bearish to bullish.

Price is currently consolidating below the recent highs, suggesting that the market may be preparing for another expansion after a healthy retracement.

🔍 Smart Money Perspective
✅ CHoCH confirms the transition to a bullish trend.
✅ Price has created a Fair Value Gap (FVG) below the current market, which could attract price for mitigation.
✅ The highlighted Order Block near 1.3520–1.3535 remains the primary upside target.
✅ Major Resistance stands around 1.3558, where profit-taking is expected.
📉 Expected Scenario

A short-term pullback into the FVG (1.3370–1.3400) would provide a higher-probability buying opportunity. If buyers defend this imbalance, GBP/USD is likely to continue its bullish leg toward the order block and eventually challenge the major resistance.

🎯 Key Levels
🟢 Support: 1.3370–1.3400 (FVG)
🔵 Current Price: 1.3449
🎯 Target 1: 1.3525
🎯 Target 2: 1.3558 (Major Resistance)
❌ Invalidation: Sustained close below 1.3370 would weaken the bullish outlook and could trigger a deeper correction.
💡 Trading Bias

📈 Bullish Bias

As long as price respects the FVG support and maintains higher lows, buyers remain in control. A successful retracement into the imbalance could offer an attractive long setup with favorable risk-to-reward toward the highlighted order block and resistance zone.

⚠️ Disclaimer: This analysis is for educational purposes only and is not financial advice. Always wait for confirmation and apply proper risk management before entering any trade.