GBP/USD 4H — Recovery Holds Above SupportGBP/USDOANDA:GBPUSDYong726GBP/USD 4H — Recovery Holds Above Support, But Bulls Need to Clear 1.3450 Market View GBP/USD is currently trading around the 1.3370–1.3380 area on the 4H chart. After forming a local bottom near 1.3150–1.3180, the pair has been recovering gradually and recently pushed toward the 1.3420–1.3450 resistance area. The recovery structure is still visible, but the latest pullback shows that buyers have not fully taken control yet. Price is holding above the previous breakout area, but the market needs a stronger move above resistance before the bullish scenario becomes more convincing. Right now, GBP/USD is in a key short-term decision zone. If buyers defend the 1.3350 area and push the price back above 1.3450, the recovery may continue. If not, the pair may fall back into a deeper correction. Key Areas From a market structure perspective, GBP/USD has shifted from a previous bearish structure into a short-term recovery phase. The pair is no longer making fresh lows, and the recent sequence shows higher lows from the 1.3150–1.3180 base. However, the broader structure is not fully bullish yet. The 1.3420–1.3450 area remains an important resistance zone. Price recently reacted from this region, which means sellers are still active near the upper range. The first key resistance zone is 1.3420–1.3450. If GBP/USD breaks above this area, the next upside target would be 1.3500–1.3550. A stronger bullish continuation would require the price to reclaim 1.3600–1.3650. On the downside, the nearest key support zone is 1.3350–1.3320. Holding above this area would keep the recovery structure alive. If this zone breaks, the next support area is 1.3250–1.3220, followed by 1.3180–1.3150. Forward Outlook For the bullish scenario, GBP/USD needs to hold above 1.3350–1.3320 and break above 1.3420–1.3450 with confirmation. If this happens, buyers may push price toward 1.3500–1.3550. If the pair continues to hold above 1.3550, the recovery may extend toward 1.3600–1.3650, where the next major resistance could appear. For the bearish scenario, if GBP/USD fails to break above 1.3420–1.3450 and falls below 1.3320, short-term recovery momentum may weaken. In that case, price could move back toward 1.3250–1.3220. A clean break below 1.3180–1.3150 would suggest that the recovery structure has failed and that sellers may regain control. Market Sentiment Market sentiment is currently neutral with a cautious bullish recovery bias. Buyers have managed to build a recovery from the lows, but the pair still needs to break above 1.3450 to confirm stronger upside momentum. Until then, the market may continue to move between support and resistance. Above 1.3450, recovery momentum may improve. Below 1.3320, short-term bearish pressure may return. Please share your view below: Will GBP/USD defend the 1.3320–1.3350 support zone and break above 1.3450? Or will sellers defend resistance again and push the pair back toward 1.3250?