GBPUSD UPDATEGBP/USDOANDA:GBPUSDAndrewsMarket-MasteryGBPUSD is currently consolidating between strong support at 1.3474 and resistance around 1.3546. Price is holding above the lower boundary after a recent rejection from the 1.3474 area, showing that buyers are still defending this zone. The structure suggests a breakout setup, so I am watching the range boundaries closely before taking the next directional move. A clean 4H candle close above 1.3546 would confirm bullish momentum and could open the way toward 1.3600, followed by the projected 1.3680 area. On the other hand, a decisive break below 1.3474 would invalidate the bullish scenario and expose 1.3420–1.3360 as the next downside zones. For now, patience is important while GBPUSD remains inside this range. My preferred bullish setup is a confirmed breakout and retest above 1.3546, while rejection from resistance followed by a break of 1.3474 would favor the bearish continuation. Risk management remains essential because the pair is currently sitting near the middle of the range.