GBP/USD β Buyers Need to Defend This AreaGreat British Pound vs. US DollarFX:GBPUSDTheZimpactπ· GBP/USD has been recovering strongly from the previous lows, building a clear bullish structure before reaching the upper zone and starting a deeper pullback. Price has now returned to an important support zone, making this a key area for the next reaction. π Previously: π Bullish scenario The broader recovery structure is still intact as long as the current support zone continues to hold. If buyers defend this area and price starts reclaiming the nearby resistance, we could see another bullish move toward the upper zone. A clean breakout above that zone could restart the previous bullish expansion and push price into higher liquidity. Support holds β recovery β bullish expansion. π Bearish scenario This is now a critical test for the bulls. If GBP/USD breaks below the current support zone, the recent recovery could lose momentum and a deeper retracement could begin. The next major support area below would then become the key level to watch, with another breakdown potentially opening the way toward the deeper lower zone. Zone β breakdown β bearish expansion. π― Outlook GBP/USD has made a strong recovery from the previous lows, but the market has now given back a significant part of that move. The current support zone is therefore extremely important. If it holds, the bullish structure can remain active and price could attempt another move higher. If it fails, the market could start unwinding the previous recovery. Hold the zone β bullish structure remains alive. Lose the zone β deeper retracement opens up. The next reaction from this area should tell us a lot about whether GBP/USD is ready for another expansion or a larger correction.