"GBPUSD Holds Rising Trendline Bulls Target Resistance BreakoutGBP/USDOANDA:GBPUSDTrade_Action Market Structure Price is respecting a rising trendline, indicating that buyers remain in control. A series of higher lows and higher highs confirms a bullish market structure. The recent pullback found support near the trendline and demand zone. Key Levels 🟢 Support Zone: 1.3380 – 1.3390 🔹 Trendline Support: Around 1.3415 – 1.3420 🟩 Major Resistance Zone: 1.3460 – 1.3485 Bullish Scenario Price is currently consolidating above support. If buyers defend the trendline and break above 1.3440, momentum could accelerate higher. Potential targets: TP1: 1.3455 TP2: 1.3470 TP3: 1.3485 (resistance zone) Bearish Scenario A break below the ascending trendline would weaken the bullish outlook. If price closes below 1.3415, a move toward the demand zone near 1.3380 becomes likely. Indicator View The moving averages (Alligator-style lines) are beginning to align bullishly. Price is trading around the moving average cluster, suggesting accumulation before a directional move. Trading Bias Bias: Bullish 🟢 As long as GBP/USD remains above the rising trendline and support zone, the path of least resistance is upward toward the 1.3460–1.3485 resistance area.