GBP/USD Bullish Rejection from Support with Upside Targets

GBP/USD Bullish Continuation Analysis

The GBP/USD 4-hour chart shows a strong bullish structure with clear signs of continuation:

Break of Structure (BOS) and Change of Character (CHoCH) indicate a confirmed shift from a bearish to bullish trend.
Price previously grabbed buy-side liquidity near the 1.37300 zone before retracing.
The market has now formed a rounded retest near the 1st Support at 1.35895, which aligns with the previous demand zone and the Ichimoku cloud acting as dynamic support.
Current price action suggests a potential bounce from this support area toward the 1st Resistance at 1.37928.
The arrow projection shows a bullish movement expectation as long as price holds above 1.35895.
If the 1st Support fails, the 2nd Support at 1.33764 becomes the next key level for buyers to defend.

Outlook: Bullish continuation favored while price holds above 1.35895,

Target): 1.37928 – major resistance zone marked on the chart

You can trail stop-losses as price approaches each level to lock in profits.