GBPUSD: Support holds firm; bullish momentum targets 1.3540GBP/USDOANDA:GBPUSDParadise_NoirGBPUSD is holding steady above the 1.3420 support level following a strong prior rebound. Price structure indicates that buyers remain in control, as pullbacks are quickly absorbed without undermining the current upward trend. Fundamentally, the British pound is supported by positive UK services data, while the US dollar remains under pressure due to expectations of a less hawkish Federal Reserve. This keeps the short-term outlook for GBPUSD tilted to the upside. My preferred scenario is for the price to maintain the 1.3420 level and subsequently push toward 1.3500, with a further target of 1.3540. A decisive break below this support zone would weaken short-term bullish momentum. This is a personal view, not an investment recommendation. Please always manage your risk before trading.