GBPUSD GBP/USDOANDA:GBPUSDTrading_Tips1GBPUSD is currently trading around the 1.3485 area and sitting at an important decision point. The chart shows a clear bullish market structure, with buyers maintaining higher lows and continuing to defend key support areas. Price is currently consolidating below the 1.3550 resistance, where sellers have previously stepped in. The overall structure remains constructive as long as GBPUSD continues to respect the 1.3400 support area and maintains the sequence of higher lows. The previous Break of Structure (BOS) and subsequent Change of Character (ChoCh) support the idea that buyers have gained short-term control. 📈 BULLISH SCENARIO — UPSIDE CONTINUATION If GBPUSD holds above the 1.3450–1.3470 short-term support area and buyers successfully reclaim the 1.3500–1.3550 zone with strong candle confirmation, bullish momentum could strengthen. 📉 BEARISH SCENARIO — REJECTION & CORRECTION On the other hand, if GBPUSD repeatedly fails to break the 1.3550–1.3580 resistance zone and begins forming strong bearish rejection candles, a short-term correction could develop. A rejection from this area may send price back toward the 1.3450–1.3470 bearish FVG/support area. If selling pressure increases, the deeper 1.3400 support becomes the next important level to watch. ⚠️ MARKET VIEW As long as GBPUSD continues to respect the higher-low structure and holds above the 1.3400 support, the bullish scenario remains favored. If you found this XAUUSD analysis useful, support the idea with a 👍 and share your market view in the comments — your feedback is appreciated!