GBP/USD Weekly Outlook: Will the Pound Break Free or Keep Consolidating?
GBP/USD remains range-bound after a volatile week, consolidating between support near 1.2650 and resistance around 1.2816. Key levels to watch: a break above 1.2816 could open the way to 1.2892 and potentially 1.3000, while a slip below 1.2620 risks a test of 1.2500. Market focus remains on UK inflation, GDP data, and Fed guidance for direction.
