GBP/USD Market Analysis – Bullish Recovery in Progress

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📊 GBP/USD Market Analysis – Bullish Recovery in Progress 🚀
🟢 Market Structure Overview

GBP/USD is showing signs of a bullish recovery after forming a strong low around 1.3303. The recent Break of Structure (BOS) suggests buyers are regaining control following the previous bearish decline.

🔍 Key Technical Observations

✅ Strong Low Protected: Price respected the major support zone near 1.3303, attracting fresh buying pressure.

✅ Bullish BOS Confirmed: The market broke above short-term structure, indicating a shift in momentum from bearish to bullish.

✅ Ascending Channel Development: Price is trading within a rising channel, showing higher lows and steady demand.

✅ Order Block Target: The highlighted bearish Order Block (OB) around 1.3500–1.3530 remains the next major liquidity target.

🎯 Bullish Scenario

📈 As long as price holds above the recent support area around 1.3380–1.3400, buyers may continue pushing toward:

🎯 1.3500 (first target)
🎯 1.3530 (Order Block)
🎯 1.3658 (major swing high liquidity)
⚠️ Risk Factor

A rejection below 1.3380 could trigger a deeper pullback before the bullish continuation develops.

🧠 Trading Bias

Bias: Bullish 🟢

The overall structure favors further upside after the BOS, with price potentially seeking liquidity inside the higher-timeframe order block before any major reversal. 🚀📈
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📈 **GBP/USD Update: Bullish Scenario Unfolding**

The analysis is progressing as expected. Price is respecting the bullish structure after the BOS and is gradually moving toward the highlighted Order Block target zone. As long as support holds, the path of least resistance remains to the upside. 🎯🚀

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