GBP/USD, Technical Analysis – H1

Bulls maintain control and preserve the overall bullish structure after defending support at the local trendline zone (1.3235). The market appears poised for a strong upward impulse toward 1.3300.
Key Levels:
□ 1.3230–1.3235
□ 1.3300
Primary Scenario:
Consolidation ahead of a move toward 1.3300.
Alternative Scenario:
Impulsive move to 1.3300.
Analyst Commentary:
We do not rule out a retest of the 1.3230–1.3235 support zone before the next upward move.