GBP/USDGBP/USDOANDA:GBPUSDPadayacheeMchunuGBPUSD 4H GBPUSD is currently around 1.3512, and the 4H structure continues to support the bullish scenario shown on the chart. 📊 MARKET STRUCTURE Price has pushed higher from the 1.3410–1.3460 demand zone and is now approaching the next upside objective. The key idea remains: 1.3410–1.3460 demand → 1.3560–1.3570 → 1.3650–1.3660 🎯 KEY LEVELS 🟢 Demand / support: 1.3410–1.3460 🟢 Immediate upside target: 1.3560–1.3570 🟢 Major target / supply: 1.3650–1.3660 📈 BULLISH SCENARIO If price maintains acceptance above the 1.3460 area, the projected path remains: 1.3510 → 1.3560/70 → retracement → 1.3650/60 The chart's projected path allows for a pullback into the demand zone before continuation, so I would not chase price simply because it is moving higher. ⚠️ INVALIDATION / RISK A sustained 4H breakdown below the 1.3410 area would weaken the current bullish structure and require reassessment. Also remember that this week contains major USD and GBP releases, so volatility can temporarily invalidate technical levels. 📅 WEEKLY FOREX CALENDAR The US CPI is scheduled for 12 August at 8:30 AM ET, while UK GDP is scheduled for 13 August at 7:00 AM UK time. () GBPUSD traders should pay particular attention to Thursday, when UK GDP and US PPI are both on the calendar. 🧠 LIGHTNING WAVE VIEW The bullish structure remains valid, but price is entering an area where patience matters. Let the market come to the levels rather than chasing the move.** Educational analysis only — not financial advice. ⚡ JOIN LIGHTNING WAVE ANALYSIS 📢 FREE TELEGRAM CHANNEL Join Lightning Wave Analysis t.me/LightningWaveAnalysis 📩 Further inquiries / private contact Contact Padayachee on Telegram t.me/Padayachee