GBP/USD — One Breakout, One Direction?

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GBP/USD — One Breakout, One Direction?Great British Pound vs. US DollarFX:GBPUSDTheZimpact🚀 GBP/USD has been building higher through a series of consolidation zones, with buyers repeatedly defending the lower areas and pushing price toward new highs. 🏆Previously: The latest move is especially important because price has now expanded strongly above the previous resistance structure, leaving the market trading near the highs. 📈 Bullish scenario If GBP/USD continues holding above the recently reclaimed resistance and breaks through the current highs, we could see another bullish expansion. The major upside zone above the current price becomes the next area to watch, especially if momentum remains strong and buyers continue printing higher highs. Breakout → continuation → bullish expansion. 📉 Bearish scenario The main risk for the bullish structure would be a failure to hold the recently reclaimed zones. If price breaks below the nearby support zone, we could see a deeper pullback toward the lower consolidation areas. A stronger breakdown could bring the deeper zones back into play. Zone → breakdown → bearish retracement. 🎯 Outlook GBP/USD has shifted from consolidation into a clear bullish expansion. The key now is whether buyers can keep price above the reclaimed zones and continue the momentum. Hold the zones → continuation. Lose the zones → deeper pullback. The structure is bullish, but price is now approaching an area where the next breakout could determine whether this move has another leg higher.