GBPUSD recovery underway defend key support level

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GBPUSD recovery underway defend key support levelBritish Pound vs US DollarICMARKETS:GBPUSDMR_GOLD_12GBP/USD is showing a strong bullish structure after successfully rebounding Buyers stepped in aggressively, driving price higher and breaking through several short-term resistance levels. From a fundamental perspective, the recent upside movement may be supported by a softer U.S. Dollar, improving risk sentiment, or positive expectations surrounding U.K. economic data. However, upcoming high-impact news events could increase volatility and determine whether the bullish trend continues. The highlighted area around 1.3420–1.3430 could act as a key retest zone. If price pulls back and holds above this support, it may provide fresh buying momentum for another push higher. A successful defence of this zone could open the door toward the next resistance targets at 1.3480 and potentially 1.3520. You may find more details in the chart, Trade wisely best of luck buddies. Ps; Support with like and comments for better analysis Thanks for Supporting.