GBP/USD Weekly Outlook: Breakout or Consolidation — What’s Next for the Pound-Dollar Pair?
GBP/USD heads into a critical week as it navigates major technical thresholds. Key support zones near 1.2621 and resistance at 1.2860 define a neutral consolidation phase. A decisive break beyond these levels will set the tone for the medium-term trend. Traders should watch for a sustained move above 1.2860 to confirm bullish momentum or a decline below 1.2500 to signal bearish pressure. More analysis at ActionForex.com.
