GBPUSD: Rising Channel Continuation Toward 1.4000Great British Pound vs. US DollarFX:GBPUSDDeGRAMGBPUSD continues to trade inside a well-defined Rising Channel on the 4H timeframe, with the broader bullish structure still intact. Price is currently pulling back from the recent highs and approaching the marked Support / Demand Zone around 1.3470–1.3510, which also aligns closely with the lower boundary of the channel. This confluence makes the area important for the next directional move. If buyers defend this zone, the current decline can remain a corrective move within the broader uptrend. A bullish reaction from channel support would favor another push higher, first toward the recent highs and then toward the upper boundary of the formation. The main Target Zone is located around 1.4000–1.4050, where price would meet the projected channel resistance. Resistance: 1.3650, 1.3800, 1.4000 Support: 1.3510, 1.3470 A sustained break below the demand zone and the lower channel boundary would weaken the bullish continuation scenario.