GBPCAD H3 21th JulyGreat British Pound vs. Canadian DollarFX:GBPCADIIAFGBPCAD | Bullish Continuation After Pullback? | H3 Analysis GBPCAD is currently trading inside a corrective phase after rejecting the 1.9020 resistance zone. Despite the recent pullback, the higher-timeframe market structure remains bullish, with buyers still defending the previous higher low. The current retracement is approaching a key demand area between 1.8860 and 1.8875, which also aligns with a bullish order block. As long as this zone holds, buyers may attempt another move toward the recent highs. Key Technical Points • Higher Time Frame trend remains Bullish • Price is testing a significant demand zone. • Bullish Order Block located around 1.8860–1.8875 • Buy-side liquidity rests above 1.9020 • Sell-side liquidity is located below 1.8860 • Current correction could provide a favorable risk-to-reward buying opportunity. Bullish Scenario If buyers defend the current demand zone and market structure remains intact: 🎯 Target 1: 1.8935 🎯 Target 2: 1.9020 🎯 Target 3: 1.9200 Bearish Scenario A decisive close below 1.8860 would invalidate the bullish setup and expose the next downside targets around: • 1.8800 • 1.8704 Trading Plan Bias: Bullish Entry Zone: 1.8860–1.8880 Invalidation: Below 1.8763 Confirmation: Wait for bullish price action or a Market Structure Shift (MSS) on lower timeframes before entering. What do you think? Will buyers defend the demand zone and push GBPCAD toward new highs, or will sellers break the structure and trigger a deeper correction? If you found this analysis helpful, don't forget to boost 👍 and share your opinion in the comments!