GBPUSD: This Zone Could Define the Next Bullish Leg

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GBPUSD: This Zone Could Define the Next Bullish LegGBP/USDOANDA:GBPUSDGoldenPearl_tradHello traders, GBPUSD is pulling back into an area that deserves close attention. Sterling still has some support as the US dollar remains under pressure from expectations of a less hawkish Fed. However, the upcoming UK CPI release could bring strong volatility, so price action around support will matter more than rushing into a trade. On the H2 chart, GBPUSD is retracing toward the 1.3525–1.3545 area after the previous rally. If buyers defend this zone and a clear bullish reaction appears, price could revisit 1.3570 before extending toward 1.3610. If the nearby support fails, price may pull back further into the 1.3470–1.3500 demand zone. The bullish view would only need to be reassessed if an H2 candle closes decisively below 1.3470. This is a personal market view, not financial advice. Manage your risk accordingly.