GBP/USD Technical Analysis – 1HGreat British Pound vs. US DollarFX:GBPUSDForex_Market_InsightsGBP/USD is currently trading above a strong institutional support zone, where previous resistance has flipped into support after a confirmed Market Structure Shift (MSS). The overall market structure remains bullish, with buyers continuing to defend higher lows despite the recent consolidation. Price is now forming a bullish flag / falling channel, indicating that the recent decline is corrective rather than impulsive. This pattern reflects profit-taking after the strong rally and suggests that buyers are accumulating before the next expansion. The descending trendline is acting as immediate resistance, and a confirmed breakout above this structure would signal the continuation of the prevailing uptrend. The first obstacle lies within the Strong Resistance, Fair Value Gap (FVG), and Order Block around 1.33850–1.33950. A successful break and close above this institutional supply zone would likely trigger a liquidity-driven rally toward the Buy Side Liquidity resting near 1.34600, where equal highs provide a major target for smart money. The projected path suggests that price may first break out of the current flag, retest the breakout area for confirmation, and then continue higher toward the institutional resistance before extending into the external liquidity pool. As long as the 1.33200 support zone continues to hold, the bullish structure remains valid and favors further upside in the coming sessions.