gbpusd

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gbpusdBritish Pound/US DollarFX:GBPUSDKB-FXGBPUSD is currently respecting a strong bullish structure on the higher timeframe. Price recently pushed upward, then retracted back toward a key demand zone, where buyers previously showed strong commitment. This area aligns with a structural higher-low region, suggesting it may serve as the next base for continuation. The projection shows a potential dip into the highlighted demand zone before initiating another bullish leg. if price reacts from this zone with strong momentum, I expect a break above the current minor high, followed by continuation toward the next major resistance level. Market Structure Notes: Clear series of higher highs and higher lows signaling bullish momentum. • Strong institutional-style push away from demand. • Volume increased on the bullish leg, supporting continuation. • The pullback appears corrective rather than impulsive.