**Target:** 1.3375 – 1.3380
GBP/USD has experienced a sharp bearish sell-off, driving price into a key demand/support zone around 1.3330–1.3370. The strong downward impulse suggests sellers remain in control, but the pair is now trading in an oversold area where a short-term corrective bounce could emerge.
If buyers defend the current support region, price may rebound toward the highlighted resistance zone near **1.3375–1.3380**, which serves as the first upside target. A successful recovery above this area could open the door for further gains, while failure to hold support may lead to additional downside pressure.
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