GBPUSD: Support Holds as Buyers Target Higher LevelsBritish Pound vs US DollarFPMARKETS:GBPUSDFOREX_ENMPIREGBPUSD is showing signs of a potential bullish reversal on the 4-hour chart after a prolonged bearish trend. Price has recently bounced from the lower support structure and moved above the descending trendline, indicating that buyers may be gaining strength and that a shift in short-term market momentum could be developing. As shown in the chart, GBPUSD has broken above the descending resistance trendline and is trading near 1.3430. The Supertrend indicator has also turned supportive, adding further evidence of a possible bullish continuation. However, price still needs to confirm strength by moving toward and breaking the key resistance zone at 1.3500. The main support zone is around 1.3300, which also represents an important support and liquidity area on the chart. If price retests this zone and buyers successfully defend it, the market could build further bullish momentum. A sustained move above 1.3500 may open the way toward the first target at 1.3540, followed by the second target at 1.3650. The bullish outlook would weaken if price fails to hold above the support area and selling pressure returns. The key invalidation level is 1.3180, and a decisive break below this level would weaken the current bullish scenario. Resistance: 1.3500 Support: 1.3300 Invalidation: 1.3180 Target 1: 1.3540 Target 2: 1.3650 Overall, GBPUSD is developing a potential bullish breakout and continuation setup. Buyers will need to maintain momentum and overcome the 1.3500 resistance level to support further upside toward 1.3650. Traders should watch for confirmation, possible retests, and proper risk management before entering a position.