GBP/USD: Demand Zone Holds. Can Bulls Reclaim the HighsGreat British Pound vs. US DollarFX:GBPUSDYCGH_CapitalGBP/USD is reacting from a well-defined demand zone after completing a healthy intraday pullback. Buyers have stepped in at a key discount area, suggesting the recent correction may simply be a pause within the broader bullish structure. The immediate objective is the internal range high, but the larger prize sits overhead where resting buy-side liquidity and previous highs converge. If momentum continues to build, this area could become the next institutional target. Market Structure Insight • Price is respecting a high-confluence demand zone. • The pullback has reached a discount area within the current bullish range. • Higher lows remain intact, keeping buyers in control. • A break above the internal resistance would likely accelerate the move toward external liquidity. Key Levels to Monitor 🔹 Demand Zone: 1.3220 to 1.3223 🔹 Internal Resistance: 1.3260 🔹 Major Liquidity Target: 1.3273 to 1.3280 🔹 Bullish Invalidation: Sustained close below the demand zone. Trading Perspective As long as the demand zone continues to hold, the market favors continuation toward the resting buy-side liquidity overhead. However, patience is essential. Waiting for confirmation through bullish price action often provides a higher-probability entry than anticipating the move.